IMF’s SDR could see 20% rise in Nigeria’s external reserves

Why economic growth in sub-saharan Africa could permanently decline – IMF

The International Monetary Fund (IMF)

The world’s top finance ministers are set to back a new $650bn allocation of the International Monetary Fund’s (IMF) own currency, or special drawing rights (SDRs) which could see Nigeria’s external reserves rising by as much as twenty per cent reports Reuters. Analysts at Citi have calcula

```

Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```