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Bloomberg Africa

@BloombergAfrica

The official X account for Bloomberg in Africa. Follow us on WhatsApp: https://t.co/JmGmWlDFUi Sign up for our newsletter: https://t.co/3fwEaGMWNM

calendar_today11-07-2012 14:06:51

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Bloomberg Africa(@BloombergAfrica) 's Twitter Profile Photo

Nigeria is burning through foreign-exchange reserves at a rate not seen in four years, raising concerns that the central bank is depleting its dollar holdings to support the naira trib.al/bkQ0HsE

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Bloomberg Africa(@BloombergAfrica) 's Twitter Profile Photo

Bloomberg Africa You see that man that said you should ' hold your dollars'
That advice may become valid afterall.
Because if oil ๐Ÿ›ข prices do not rise and our production rise @ the same time it will be hard to be defending this currency.

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