GBP is low - when will it rise? - Business - Nairaland
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| GBP is low - when will it rise? by Obalende: 7:55pm On Jan 18, 2008 |
CBN exchange rate for GBP is currently about £1 = NGN226 If I want to sell in black market, around how much can it be sold for given CBN rate above. When does it normally rise in the year? |
| Re: GBP is low - when will it rise? by BabsO2(m): 7:49pm On Jan 20, 2008 |
It is supposed to rise during summer. However this year may be different as supply is exceeding demand. Pray naira continues to appreciate at least to N200 to the pound and N 100 to the dollar this year. |
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