Nigeria’s foreign exchange reserves fall to $55.09 billion
By the AFREEQUE newsroom, based on Zambianobserver
Nigeria’s foreign exchange reserves edged down to $55.09 billion on 14 October, from $55.1 billion the previous day, according to Central Bank of Nigeria data. The decline ends a rise that began in August, although reserves remain above late-July levels.
Nigeria’s foreign exchange reserves edged down to $55.09 billion on 14 October, ending their steady rise since early August, according to Central Bank of Nigeria data reported by Zambianobserver.
The figure stood at $55.10 billion on 13 October, a drop of about $10 million in one day. Reserves fluctuated in July, falling from $52.03 billion on 21 July to $51.92 billion on 30 July, before beginning to recover in August.
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Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
