Naira Watch: External reserves down to 3-month low

The nation’s external reserved has dropped to $30.22 billion, the lowest level in three months. The Central Bank of Nigeria (CBN) disclosed this Wednesday June 14th on its website. The apex bank revealed that the external reserve dropped to $30.222 billion on Tuesday June 13th, representing a weekly decline of $68 million when compared with the $30.290 billion achieved the previous Tuesday of June 6th.