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CBN defended naira with $17.58bn in six months

CBN defended naira with $17.58bn in six months In a bid to save the naira from further depreciation, the Central Bank of Nigeria depleted the nation’s external reserves by $17.58bn in the first half of this year as it battled to maintain a stable exchange rate, investigation by our correspondent has shown. Calculations made from the figures obtained from the CBN website on... 
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Added July 09, 2014
from The Punch News