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Naira Rallies Against The Dollar by Nobody: 9:15am On Aug 22, 2015 |
The Naira, on Friday, regained its strength and appreciated to N208 to the Dollar in the parallel market, compared with the N212 it traded for on Thursday. The British Pound Sterling and the Euro also traded at N330 and N230, respectively, at the parallel market on Friday. The official interbank exchange rate, however, remained at N197 to the Dollar. Olufukeje Adegbeye, a currency trader, attributed the fluctuation of the Naira to the global devaluation of the dollar and recent monetary policies of the Central Bank of Nigeria (CBN); adding that the intervention of the CBN had stifled the forces of demand and supply in the nation’s currency market. “The businessman on the street should be taken into consideration,” he said. “Some of our manufacturers still depend on the importation of raw materials for their operations. The policy on foreign exchange restriction has made life extremely difficult for manufacturers.” He also said that the CBN, through its policies, has created avenues for the cross border smuggling of foreign currencies, especially the dollar. http://dailytimes.com.ng/naira-rallies-against-the-dollar/ 7 Likes 1 Share |
Re: Naira Rallies Against The Dollar by Cutehector(m): 9:18am On Aug 22, 2015 |
Na wresting match? 20 Likes 2 Shares |
Re: Naira Rallies Against The Dollar by Baawaa(m): 9:19am On Aug 22, 2015 |
That is CHANGE! Never again JonaTAN in this nation 132 Likes 4 Shares |
Re: Naira Rallies Against The Dollar by kkkp: 9:19am On Aug 22, 2015 |
Slow and steady...#Baba till 6031 94 Likes 1 Share |
Re: Naira Rallies Against The Dollar by PassingShot(m): 9:20am On Aug 22, 2015 |
Another sad day for wailers who will never see any good in this country. The bad news they pray for shall be their lot. 119 Likes 4 Shares |
Re: Naira Rallies Against The Dollar by BishopMagic: 9:20am On Aug 22, 2015 |
Baawaa: Fool. Better start planting whatever cash crop because the oil will no longer fund your useless parasitic nation. 29 Likes 4 Shares |
Re: Naira Rallies Against The Dollar by BishopMagic: 9:22am On Aug 22, 2015 |
PassingShot: Passingshit, we are waiting for one naira to be equal to one dollar. When GEJ left it was trading at 190 and you call 208 progress? You must be as daft as your boko commander 130 Likes 16 Shares |
Re: Naira Rallies Against The Dollar by kkkp: 9:22am On Aug 22, 2015 |
BishopMagic:children of hate 72 Likes 3 Shares |
Re: Naira Rallies Against The Dollar by ishiamu(m): 9:22am On Aug 22, 2015 |
Meanwhile, below are some of the latest topics from APC propaganda machinery. Enjoy and feel free to add yours #APCpropaganda Buhari's planned probe of FIFA: Sepp Blatter goes into hiding- Liar Mohammed #APCpropaganda Fear of Buhari: Satan falls from sky, sustains serious head injury - Passingshot #APCpropaganda Buhari's integrity sweeps through the animal world as mosquitoes suspend biting action indefinitely - Premium Times #APCpropaganda Buhari's body language: an aide of former president returns #12 trillion loot, begs for forgiveness - Liar Mohammed #APCpropaganda Buhari's body language: statue of George Washington shows sign of life in far away US - Mynd_4 #APCpropaganda Fear of Buhari: One million witches and wizards storm Eagles square, renounce evil and beg for forgiveness- Beremx #APCpropaganda Buhari's fart powering Nigeria's power plants - Nations #APCpropaganda Buhari's body language: 65 year old woman healed of cervical cancer - Passingshot #APCpropaganda Buhari's integrity: over 12 million Nigerians employed in 2 months - Liar Mohammed 126 Likes 21 Shares |
Re: Naira Rallies Against The Dollar by jemir000: 9:22am On Aug 22, 2015 |
lies 2 Likes |
Re: Naira Rallies Against The Dollar by mployer(m): 9:23am On Aug 22, 2015 |
Baawaa: If you really understand what is happening, you will pity your folly It is like your parents refusing you food just to boast of surplus food in the house..... 44 Likes 7 Shares |
Re: Naira Rallies Against The Dollar by PassingShot(m): 9:23am On Aug 22, 2015 |
Lalasticlala Afam4eva Obinoscopy Seun, this food is better served hot. 2 Likes |
Re: Naira Rallies Against The Dollar by BishopMagic: 9:25am On Aug 22, 2015 |
kkkp: Parasite if you must know, importers are not importing. Companies are scaling back production And govt is no longer awarding contracts so the drop is occasioned by stagnation of the economy. Better get to work exporting any thing of value in your waste land. 22 Likes 3 Shares |
Re: Naira Rallies Against The Dollar by Baawaa(m): 9:25am On Aug 22, 2015 |
BishopMagic:Oh sorry,you are still suffering from pains of defeat,you shall get over it one day 31 Likes 1 Share |
Re: Naira Rallies Against The Dollar by PassingShot(m): 9:26am On Aug 22, 2015 |
BishopMagic:Liar! It was way above 220 when GEJ left. 58 Likes 3 Shares |
Re: Naira Rallies Against The Dollar by tucky200(m): 9:26am On Aug 22, 2015 |
BishopMagic: 37 Likes 1 Share
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Re: Naira Rallies Against The Dollar by BishopMagic: 9:27am On Aug 22, 2015 |
PassingShot: GEJ left the dollar trading at 190 and this was as a result of serious apprehension on the outcome of the presidential election. In less than a month, the dollar spiked to 250. And today you are celebrating a change from 190 to 208 as progress? You daft fool 19 Likes 4 Shares |
Re: Naira Rallies Against The Dollar by BishopMagic: 9:29am On Aug 22, 2015 |
PassingShot: Shut up you bloody liar. It was 190 as at May 29. I know because I converted some of my savings to my dorm account in apprehension that it will further fall. 25 Likes 3 Shares |
Re: Naira Rallies Against The Dollar by Baawaa(m): 9:30am On Aug 22, 2015 |
BishopMagic:You have no ideas like Jonathan your mentor,GOD has delivered this nation from JonaTAN the destroyer 20 Likes 1 Share |
Re: Naira Rallies Against The Dollar by kkkp: 9:30am On Aug 22, 2015 |
BishopMagic:y are u full of hate? Common be hapi. If not depression and HBP will finish u 9 Likes |
Re: Naira Rallies Against The Dollar by PassingShot(m): 9:32am On Aug 22, 2015 |
[s] BishopMagic:[/s] 9 Likes |
Re: Naira Rallies Against The Dollar by Feranmicharles(m): 9:33am On Aug 22, 2015 |
Okay sha 1 Like
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Re: Naira Rallies Against The Dollar by Pavore9: 9:33am On Aug 22, 2015 |
We should be exporting more. |
Re: Naira Rallies Against The Dollar by Nobody: 9:33am On Aug 22, 2015 |
are u a wailer ? why are bitter in every reply? Are u not happy naira is gaining ground? Na wa o BishopMagic: 7 Likes |
Re: Naira Rallies Against The Dollar by kennyman2000(m): 9:34am On Aug 22, 2015 |
Okay... But, something must be done to curb all these banks from daylight exchange rate robbery. Some banks charges as high as #245 to a dollar.. Thats more than the rate at the parallel market. Check my signature for ur customised wristbands. 3 Likes |
Re: Naira Rallies Against The Dollar by MizTyna(f): 9:34am On Aug 22, 2015 |
2 Likes |
Re: Naira Rallies Against The Dollar by BishopMagic: 9:34am On Aug 22, 2015 |
Baawaa: Fool, did the naira not trade at its all time lowest value of 250 in August, 2015. Keep denying the obvious 2 Likes |
Re: Naira Rallies Against The Dollar by Tonnierichy(m): 9:34am On Aug 22, 2015 |
Go PMB 2 Likes |
Re: Naira Rallies Against The Dollar by Firefire(m): 9:35am On Aug 22, 2015 |
1 Like |
Re: Naira Rallies Against The Dollar by bastien: 9:35am On Aug 22, 2015 |
Shey naira don turn to my club arsenal? today them go dey up,tomorrow them go dey down 3 Likes |
Re: Naira Rallies Against The Dollar by Baawaa(m): 9:35am On Aug 22, 2015 |
BishopMagic:You are nothing but a fool,ask Jonathan the clueless, he will tell you a dollar was 237 to Naira when he left office. 11 Likes |
Re: Naira Rallies Against The Dollar by chernest2002: 9:35am On Aug 22, 2015 |
And suffering is increased, anyway change na change even if na fake. |
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