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Nigeria naira falls to 3 1/2 month low vs dollar

LAGOS (Reuters) - Nigeria's naira weakened to a three and a half month low against the U.S dollar on the interbank market on Wednesday, as dollar demand by importers and other firms remained strong, despite central bank intervention, traders said. The naira closed at 159.5 to the dollar on the interbank market on Wednesday, weaker than the 159.3 to the dollar it closed on Tuesday and the lowest ...
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Added May 23, 2012
from Yahoo Nigerian News