Home » CBN (Central Bank of Nigeria), Headlines » External reserves sink below $40bn

External reserves sink below $40bn

‘Femi Asu

The nation’s foreign exchange reserves have slumped below the $40bn mark, hitting their lowest level in 22 months, latest report from the Central Bank of Nigeria has shown.

The external reserves, which have been on a downward trajectory in recent times, dipped by over $5bn in the last five months.

The reserves rose to a high of $45.18bn on June 10, 2019 but fell to $44.9bn on July 31 and $43.61bn on August 30.

-Punch 

Related Posts

EasyFreeAds Blog News Facebook Twitter Myspace Friendfeed Technorati del.icio.us Digg Google Yahoo Buzz StumbleUpon

Short URL: http://newnigerianpolitics.com/?p=53397

Posted by on Nov 28 2019. Filed under CBN (Central Bank of Nigeria), Headlines. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Leave a Reply

Headlines

NNP BREAKING NEWS:

Categories

Nollywood: A poor finish to an otherwise good decade

Browse National Politics

Featuring Top 5/896 of National Politics

Browse Corruption Politics

Featuring Top 3/152 of Corruption Politics

Advertisement

Browse NNP Columnists

Featuring Top 10/1351 of NNP Columnists

Browse Books & Magazines

Featuring Top 4/15 of Books & Magazines

Angola freezes ex-president daughter’s assets over alleged corruption

Advertisements

--

FEATURED VIDEOS

SEARCH POSTS BY DAY & MONTH

SunMonTueWedThuFriSat
1
2
3
4
5
6
7
89
1011
12
13
14
1516
17
18
19
20
2122232425
262728293031

© 2020 New Nigerian Politics. All Rights Reserved. Log in - Designed by Gabfire Themes