Naira plunges to N1,950/£1 as holiday rush fuels British Pound Sterling surge

The British Pound marginally depreciated toward the N1,935 support level at the official market and N1,950 at the unofficial market during the mid-week trading session. CBN data showed it settled at N1,931 on Wednesday, with intraday trading fluctuating between N1,924 and N1,933 against the British Pound. Foreign exchange rates traded slightly higher at the unofficial […] The post Naira plunges to N1,950/£1 as holiday rush fuels British Pound Sterling surge appeared first on Nairametrics.

Naira plunges to N1,950/£1 as holiday rush fuels British Pound Sterling surge

The British Pound marginally depreciated toward the N1,935 support level at the official market and N1,950 at the unofficial market during the mid-week trading session. CBN data showed it settled at N1,931 on Wednesday, with intraday trading fluctuating between N1,924 and N1,933 against the British Pound. Foreign exchange rates traded slightly higher at the unofficial […]

The post Naira plunges to N1,950/£1 as holiday rush fuels British Pound Sterling surge appeared first on Nairametrics.

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