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View Full Version : Naira Falls for 2nd Day on Depreciation Bets as Inflation Rises - Bloomberg



NewsWhore
02-21-2012, 12:20 PM
Naira Falls for 2nd Day on Depreciation Bets as Inflation Rises (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE5R4g2d9E4Fs1D0iFxQFJIX0fxFA&url=http://www.bloomberg.com/news/2012-02-21/naira-falls-for-2nd-day-on-depreciation-bets-as-inflation-rises.html)
Bloomberg
Nigeria's naira climbed against the dollar, erasing earlier losses, as oil industry dollar sales outweighed speculation that a rise in the inflation rate would weigh on the local currency. The currency of Africa's largest oil producer strengthened as ...

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