Nigeria: CBN boosts forex support as naira faces pressure from rising pound
[USAfricaonline - Africa] - 17/06/2025
The Nigerian naira has come under renewed pressure, weakening to a range of ₦2,135–₦2,150 against the British pound sterling, which recently surged to a multi-month high on the back of favorable economic signals and broader geopolitical concerns. Market participants are treading cautiously ahead (…)
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