Thursday, May 3, 2007

Nigeria forex reserves rise to $43.2 bln in April

(Reuters) - Nigerian foreign exchange reserves climbed to $43.2 billion in April versus $42.51 billion a month earlier, the central bank said on Wednesday.

The reserves, which are slightly below their record level of $43.6 billion set in January, could finance 40 months of imports to Africa's most populous nation and top oil producer.


Read more at Reuters Africa

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