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View Full Version : Nigeria to Increase Supplies of Foreign Exchange, Soludo Says - Bloomberg



NewsWhore
03-17-2009, 01:20 PM
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Nigeria to Increase Supplies of Foreign Exchange, Soludo Says (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DaChJ5kN3vOqA%26refer%3Dafrica&cid=0&ei=r86_SZnxCpKgMuGnqfsJ&usg=AFQjCNGgxpYRNqwqEAj3y9G5w2jzuGoo0w)
Bloomberg
The official exchange rate is currently 146.6 naira to a dollar, compared with 175 on the street, according to Iliasu Dogo, a currency trader in the commercial hub of Lagos. On the official market, the naira has tumbled 20 percent against the dollar ...


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