Bond Markets

Naira falls most in 2 weeks as investors sell bonds, equities

by Editor

April 18, 2013 | 11:06 am
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The naira weakened the most in two weeks amid speculation that investors in Nigeria’s bond and equities market were demanding dollars to exchange profits made in the local currency. The currency of Africa’s biggest oil producer depreciated as much as 0.2 percent to 157.68 per dollar, the most since March 28, and traded at 157.60…

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by Editor

April 18, 2013 | 11:06 am
  |     |     |   Start Conversation

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