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View Full Version : Nigeria Naira Depreciation Bets Cut by Citigroup - Bloomberg



NewsWhore
06-09-2009, 01:11 PM
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Nigeria Naira Depreciation Bets Cut by Citigroup (http://news.google.com/news/url?sa=T&ct=us/5-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DaUzZHUqvTCAY&cid=1255266813&ei=a5ouSp7rPMudlQfjq-3KBQ&usg=AFQjCNEreSGEqvhyjFac3rGW3Is1rzh1MA)
Bloomberg
By Garth Theunissen June 9 (Bloomberg) -- Citigroup Inc. has pared its outlook for a slump in Nigeria&#39;s naira, saying that a rebound in oil prices means the currency of Africa&#39;s biggest crude exporter faces a 4.4 percent drop instead of 14 percent. ...


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