Showing posts with label Nigeriaq. Show all posts
Showing posts with label Nigeriaq. Show all posts

Wednesday, 3 December 2014

Oil steadies below $73 after hitting five-year low

Brent crude oil steadied below $73 a barrel yesterday, although Russian and Nigerian currencies remained under pressure on persistent doubts over their central banks’ ability to provide support.
With Brent crude trading at about $72, breaking a five-day losing streak, the rouble staged a brief rally but headed lower again, losing 1.4 percent against the dollar.
naira-Dollar
Unease is growing about the Russian central bank’s absence from