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View Full Version : Naira Gains Most in 6 Months on Central Bank Action: Lagos Mover - Bloomberg



NewsWhore
07-25-2012, 06:50 AM
Naira Gains Most in 6 Months on Central Bank Action: Lagos Mover (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGOPfpDvebKVjDndn6sFRAP3FojXA&url=http://www.bloomberg.com/news/2012-07-25/naira-gains-most-in-6-months-on-central-bank-action-lagos-mover.html)
Bloomberg
“We expect transient relief in the interbank currency market as some banks adjust their net asset exposure to comply with the new regulation, which will likely lead to a retraction in foreign-exchange demand and a resultant firming of the currency ...

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