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View Full Version : Naira Drops to Three-Month Low on Inflation, Oil-Price Decline - Bloomberg



NewsWhore
05-16-2012, 11:00 AM
Naira Drops to Three-Month Low on Inflation, Oil-Price Decline (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFO_fCSLDi9v2mWcatvyVWMmgMHSg&url=http://www.bloomberg.com/news/2012-05-16/naira-drops-to-three-month-low-on-inflation-oil-price-decline.html)
Bloomberg
The currency of Africa's largest oil producer declined 0.4 percent to 158.90 per dollar as of 3:20 pm in Lagos, the commercial capital, its weakest on a closing basis since Feb. 14, according to data compiled by Bloomberg. Inflation accelerated to 12.9 ...

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