Reuters ahead with Nigeria currency reporting - Reuters News Agency
Business & Finance

Reuters ahead with Nigeria currency reporting

Reuters was well ahead in reporting that Nigeria had let the naira weaken to a record low against the dollar on the official market. Having traded within a band of 380 and 381 to the dollar since July last year, the naira hit a record low of 419.75 against the dollar on the news, and closed at 411.25. Following the Reuters report, the central bank removed the exchange rate from its website, restoring it days later with the revised figure. 

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: FX & Fixed Income
Regions: Africa
Countries: Nigeria
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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