Foreign exchange reserves fall 4 % in March

Lagos, March 31 Nigeria’s foreign exchange reserves fell by 4 percent to $29.81 billion by March 27 from $31.06 billion a month earlier, data from the central bank showed on Tuesday.

The reserves of Africa’s top crude oil exporter and biggest economy fell 21.32 percent by March 27 from $37.80 billion last March, the data showed. (reuters)

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