English>
Your daily Naira exchange rate

Market News

Sterling steadies near multi-month lows ahead of BoE decision - REUTERS

NOVEMBER 06, 2025

LONDON, Nov 6 (Reuters)EURGBP= - Sterling steadied around its lowest in months on Thursday ahead of a key Bank of England rate decision, with markets pricing a one-in-three chance of a cut, while most analysts believe the central bank will likely hold fire.

Sterling edged 0.1% higher to $1.3066 ahead of a 1200 GMT BoE rate decision, after hitting a seven-month low of $1.3011 on Wednesday.  The pound weakened a touch against the euro , which rose 0.1% to 88.14 pence after touching its highest since May 2023 on Wednesday.

MARKET NEWS

November 06 Bank of England holds interest rates as it warns joblessness on rise - THE GUARDIAN November 06 Traders to stay net short the US dollar, say FX forecasters clinging to bearish views: Reuters poll November 06 Bank of England keeps rates on hold in knife-edge vote that hints at cut soon - REUTERS November 06 Sterling edges up ahead of BoE, Nok rises as Norges Bank holds rates - REUTERS November 06 BOE Set to Hold Rates at 4% as Budget Looms - BLOOMBERG November 06 Gold Steadies as Traders Assess Outlook for US Interest Rates - BLOOMBERG November 06 ECB comfortable with rates; sees only temporary inflation undershoot, VP says - REUTERS November 06 China Dollar Bonds Zoom Higher After $118 Billion of Demand - BLOOMBERG November 06 Gold Rebounds as Traders Assess Fed Rate Path After Job Data - BLOOMBERG November 06 Visa Reaffirms Commitment To Securing Cross-Border Payments With Naira Cards - NEW TELEGRAPH November 06 Nigeria sells $2.35 billion of Eurobonds, celebrates strong demand - REUTERS November 06 Sterling steadies near multi-month lows ahead of BoE decision - REUTERS November 06 Norway central bank keeps rates on hold, as expected - REUTERS November 06 LCCI to FG: Suspend planned 15% fuel tax November 06 Rupee rangebound, far forward premiums retreat to over two-month low - REUTERS November 06 China Dollar Bonds Zoom Higher After $118 Billion of Demand November 06 Gold Turns Back Up Toward the $4,000/oz Level -- BARRON'S November 06 UK economic growth set to slump next year if income tax goes up, warns City forecaste... (read more) November 06 Iron Ore Falls for Sixth Day in Longest Losing Run Since August - BLOOMBERG November 06 Naira records second depreciation against US dollar November 06 Trump invasion threat triggers sharpest stock decline in November - BUSINESSDAY November 06 Naira Down 0.25% to N1,438/$1 at Official Market - BUSINESS POST November 06 Nigeria sells $2.35bn bond in Africa debt sale surge - BLOOMBERG November 06 UK pre-budget blues and rate cut concerns pile pressure on pound - REUTERS November 06 Dollar takes a breather, sterling waits on BoE - REUTERS November 06 Current Fed policy presents 'unnecessary risk': Fed's Miran - YAHOO FINANCE November 06 Nigeria’s Eurobond sale draws record $13bn orders as investors pile in - BUSINESSDAY November 06 Naira depreciates across FX markets on slowing liquidity - BUSINESSDAY November 06 Citigroup's Chua on Fed Rate Uncertainty - BLOOMBERG November 06 Oil edges up as glut fears ease despite weak demand - REUTERS

SEE HOW MUCH YOU GET IF YOU SELL

NGN
© 2025 abokiFX | All Rights Reserved
This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services
Real Time Analytics