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View Full Version : Nigeria May Keep Benchmark Rate at Record High to Bolster Naira - Bloomberg



NewsWhore
07-23-2012, 08:00 PM
Nigeria May Keep Benchmark Rate at Record High to Bolster Naira (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH4uE4PjNniAjwGUn1u51xLRLeQXg&url=http://www.bloomberg.com/news/2012-07-23/nigeria-may-keep-benchmark-rate-at-record-high-to-bolster-naira.html)
Bloomberg
... an economist at CSL Stockbrokers Ltd, said by phone from London. “The exchange rate is definitely the top priority to the central bank.” The naira has dropped 1.4 percent against the dollar on the interbank market since the last MPC rate decision ...

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