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The Central Bank of Nigeria (CBN) announced on Monday that that the nation’s foreign reserves fell to $30.04 billion by Nov. 26 from $30.10 billion the month before,according to its latest data.
Reserves were down 18.6 percent on the year from $36.9 billion in the same period last year.
The reserves have been hit by a plunge in crude prices and the central bank’s decision to defend the currency.
