Naira stuck at N2,200/£ as British pound faces correction

The naira remains in a consolidation phase against the British pound in the parallel market at N2,200/£ despite significant moderation in the British Pound at the global foreign exchange market. The Naira was muted against the British pound despite the Sterling’s correction phase amid concerns about the UK economy. The United Kingdom hosts Nigeria’s largest [...]The post Naira stuck at N2,200/£ as British pound faces correction appeared first on Nairametrics.

Read More