Topic: External reserves, oil price in counter trend  (Read 754 times)

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External reserves, oil price in counter trend
« on: March 15, 2021, 01:00:46 PM »
External reserves, oil price in counter trend

By Babajide Komolafe   In spite of the rising trend in the price of crude oil, the nation’s external reserves have fallen by $1.86 billion in seven weeks to $34.66 billion. The price of crude oil, which accounts for 90 per cent of the nation’s dollar earnings, has been on the upward trend  since November
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