Nigeria’s External Reserve Gains $1.1bn Month-To-Date

Nigeria’s External Reserve Gains $1.1bn Month-To-Date

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Post Views: 203 After months of flip-flop, according to data on the website of the Central Bank of Nigeria (CBN) shows that the nation’s external rese...

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After months of flip-flop, according to data on the website of the Central Bank of Nigeria (CBN) shows that the nation’s external reserves climbed $1.101bn or 2.6% Month-To-Date
External reserves rose from $42.309bn on February 27, 2019, to $43.41bn on March 19, 2019, the latest figure on the website.
Month-on-Month however, the figure increased by just $721m or 1.68% from $42.689bn on February 19.
On a year-to-date basis, the reserves level managed to inch $294m up, or 0.68% from $43.116bn on December 31, 2018; while year-on-year, it dropped from by $1.644bn, or 3.65% from $45.055bn on March 19, 2018.

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