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Nigeria's Naira rebounds after central bank intervenes
February 20, 2014 / 1:20 PM / 4 years ago

Nigeria's Naira rebounds after central bank intervenes

LAGOS, Feb 20 (Reuters) - Trading has resumed in the Nigerian naira after the central bank intervened with dollar sales to calm a forex market reeling from the sudden removal of the bank’s Governor Lamido Sanusi, dealers said.

The naira rebounded from a low of 169 to the dollar shortly before the suspension of trading to 165 to the dollar.

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