Home Business and Economy Economy ECONOMY CBN Updates British Pound

Home Business and Economy Economy ECONOMY CBN Updates British Pound, Dollar Rate as Naira Crashes After Banks, Others Shut Down for 48 hours Thursday, June 20, 2024 at 5:30 PM by  Zainab Iwayemi 2 min read The Central Bank of Nigeria has released new data showing that on Wednesday, June 19, the naira fell versus the British pound In relation to the dollar, the naira concluded at N479.31/$, from the N1474.09/$ it closed the trading at the previous week This occurred after the banks and other businesses paused economic activities for 48 hours in observation of the Eid break journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market. Skip Ad Is Dakota Johnson Ok? | Rumour Juice New data by the Central Bank of Nigeria indicates that the naira lost against the British Pound on Wednesday, June 19. The naira lost N13.57/£ from the N1869.88/£ it last closed last week upon resumption of trade. Photo Credit: CBN Source: Getty Images According to data the local currency against the British Pound closed at N1883.45/£. This means it lost N13.57/£ from the N1869.88/£ it last closed last week. However, the naira closed at N1479.31/$ against the dollar indicating a a flat change from the N1474.09/$ it closed the trade the previous week Read more: https://www.legit.ng/business-economy/economy/1598298-cbn-updates-british-pound-rate-naira-crashes-pause-business-activities/

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