LAGOS, March 31 Nigeria's dollar reserves fell
to a two-week low of $30.29 billion on March 29, central bank
data showed on Friday.
Nigeria's central bank has been intervening on the currency
market this month to support the ailing naira after it
effectively devalued it in a bid to narrow the spread with the
black market rate.
Nigeria's reserves stood at $29.64 billion a month ago and
have risen 16.1 percent since the start of the year but are
still far off their peak of $64 billion, hit in August 2008.
(Reporting by Oludare Mayowa; Writing by Chijioke Ohuocha;
Editing by Andrew Roche)