PDA

View Full Version : Naira Has 40% Devaluation Chance in 2012 on Oil, Imports, Renaissance Says - Bloomber



NewsWhore
09-01-2011, 07:00 AM
<img alt="" height="1" width="1" />
Naira Has 40% Devaluation Chance in 2012 on Oil, Imports, Renaissance Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFLGbyUmfk9UzEXClEutSaFli_cUg&url=http://www.bloomberg.com/news/2011-09-01/naira-has-40-devaluation-chance-in-2012-on-oil-imports-renaissance-says.html)
Bloomberg
Nigeria&#39;s currency has a 40 percent probability of being devalued to 155 per dollar in 2012 on bets oil prices may drop and as the government increases investments in roads and rail, raising imports, ...

and more &raquo; (http://news.google.com/news/more?ned=us&ncl=dbg1fAaQVH_WKbM)


More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFLGbyUmfk9UzEXClEutSaFli_cUg&url=http://www.bloomberg.com/news/2011-09-01/naira-has-40-devaluation-chance-in-2012-on-oil-imports-renaissance-says.html)