PDA

View Full Version : Sanusi Says Nigeria Won't Drain Reserves to Shield Naira - Bloomberg



NewsWhore
07-24-2012, 02:00 PM
Sanusi Says Nigeria Won't Drain Reserves to Shield Naira (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGfYiWzmGS9rIiTLqskdO6ppsy6Wg&url=http://www.bloomberg.com/news/2012-07-24/sanusi-says-nigeria-won-t-drain-reserves-to-shield-naira.html)
Bloomberg
“We cannot continue to run down reserves in order to have a stable exchange rate. And in the event of the slowdown in Europe becoming very serious and hitting oil prices, what will happen is that we're going to have so much pressure on reserves, we may ...

and more » (http://news.google.com/news/more?ned=us&ncl=dUTGKoewCHKQrtM)





More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGfYiWzmGS9rIiTLqskdO6ppsy6Wg&url=http://www.bloomberg.com/news/2012-07-24/sanusi-says-nigeria-won-t-drain-reserves-to-shield-naira.html)