PDA

View Full Version : Nigerian Exchange Rate Policy Aims to Save Reserves - Bloomberg



NewsWhore
03-04-2009, 08:42 AM
<img alt="" height="1" width="1">
Nigerian Exchange Rate Policy Aims to Save Reserves (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DaIUW2fcS5j8M%26refer%3Dafrica&cid=1310997456&ei=-YWuSYutMpWCggOj69DoAw&usg=AFQjCNEFZIR3JJCj6npVdCLntx759ATKhg)
Bloomberg
The naira currency will serve as a “shock absorber” for the West African nation, Soludo said at a conference today in the commercial capital, Lagos. “We’ve got to conserve what we have because we do not know how long the global crisis will last,” ...


More... (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DaIUW2fcS5j8M%26refer%3Dafrica&cid=1310997456&ei=-YWuSYutMpWCggOj69DoAw&usg=AFQjCNEFZIR3JJCj6npVdCLntx759ATKhg)