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View Full Version : Naira Slips to 18 Month Low as Investors Buy Dollars for Safety - Bloomberg



NewsWhore
03-14-2011, 12:50 PM
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Naira Slips to 18 Month Low as Investors Buy Dollars for Safety (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNExlUF5_lR9ngTHTRML8C-_bB3BRw&url=http://www.bloomberg.com/news/2011-03-14/naira-slips-to-18-month-low-as-investors-buy-dollars-for-safety.html)
Bloomberg
Nigeria&#39;s naira fell to the weakest versus the dollar in 18 months after investors bought the US currency for safety and companies acquired dollars to pay dividends. The currency of sub-Saharan Africa&#39;s ...

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