On the global front, the Pound continues to he Nigerian na- draw support from a firm monetary stance by ira strengthened T the Bank of England, which has maintained modestly against its benchmark interest rate at 3.75 per cent the British Pound in the while signalling the possibility of further official foreign exchange tightening if inflationary pressures persist. market, signalling a short- Governor Andrew Bailey warned that im- term recovery amid interest rates could rise to as high as 4 per proving liquidity condi- cent or beyond if energy price shocks, linked tions and sustained central •…
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Gains N38 Amid Improved Forex Inflows
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