Nigeria naira eases to 22-wk low on dollar demand

LAGOS (Reuters) - Nigeria naira weakened to a 22-week low against the U.S. dollar on the interbank on Tuesday, following strong demand for the greenback that the central bank could not meet at its foreign exchange auction the previous day, traders said. The naira eased to 163.68 against the dollar on volatile trades at the interbank market on Tuesday. It had closed 162.95 naira to the greenback ...
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Added June 12, 2012
from Yahoo Nigerian News