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Nairaland Forum / Nairaland / General / Business / CBN Suspends Dollar To Naira Trades Till Monday (23935 Views)
CBN Suspends New Cashless Policy / CBN Suspends 19 Banks From Forex Sale To BDCs / Ifeanyi Ubah: 'I Can Bring The US-Dollar To N200 In One Month' (2) (3) (4)
CBN Suspends Dollar To Naira Trades Till Monday by FxMallam: 1:54pm On Jun 16, 2016 |
Nigeria’s central bank made no dollar to naira trades on the interbank market on Thursday but settled $13.6 million of trades made on previous days at about the naira’s pegged rate of 197.5 per dollar, an official said. http://www.fxmallam.com/news/central-bank-suspends-dollar-sales-till-monday/
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Re: CBN Suspends Dollar To Naira Trades Till Monday by Nobody: 2:03pm On Jun 16, 2016 |
But where is lalasticlala sef |
Re: CBN Suspends Dollar To Naira Trades Till Monday by salabscholar01(m): 2:17pm On Jun 16, 2016 |
good 6 Likes
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Re: CBN Suspends Dollar To Naira Trades Till Monday by dotcomnamename: 2:18pm On Jun 16, 2016 |
CBN again? .. Check here https://www.nairaland.com/3170261/gather-cbn-banks-policy-bvn |
Re: CBN Suspends Dollar To Naira Trades Till Monday by Taryur3(m): 2:18pm On Jun 16, 2016 |
Just 4 days after today 1 Like |
Re: CBN Suspends Dollar To Naira Trades Till Monday by stcool(m): 2:18pm On Jun 16, 2016 |
I expect a sharp rise...but should subside as market forces comes to play. In Nigeria what goes up - remains up! 18 Likes 2 Shares |
Re: CBN Suspends Dollar To Naira Trades Till Monday by hardywaltz(m): 2:19pm On Jun 16, 2016 |
Good |
Re: CBN Suspends Dollar To Naira Trades Till Monday by darocha1: 2:19pm On Jun 16, 2016 |
What does this mean in lay man grammer? 2 Likes |
Re: CBN Suspends Dollar To Naira Trades Till Monday by Godswillnwaoma(m): 2:19pm On Jun 16, 2016 |
Abeg oooooo. Let them do anything they want but my own be say make it good for our economy. 2 Likes |
Re: CBN Suspends Dollar To Naira Trades Till Monday by mondbest(m): 2:20pm On Jun 16, 2016 |
I think they are really taking positive steps into strengthening the Naira |
Re: CBN Suspends Dollar To Naira Trades Till Monday by biikeys(m): 2:20pm On Jun 16, 2016 |
Better...at least to prevent last minute shady trades with insider information 5 Likes 1 Share |
Re: CBN Suspends Dollar To Naira Trades Till Monday by Emeskhalifa(m): 2:20pm On Jun 16, 2016 |
Nija I hail thee Baba Godey prayer they really work for naija, anythin wey go up no dey eva come down 1 Like |
Re: CBN Suspends Dollar To Naira Trades Till Monday by Nobody: 2:20pm On Jun 16, 2016 |
... 1 Like |
Re: CBN Suspends Dollar To Naira Trades Till Monday by NwaNimo1(m): 2:21pm On Jun 16, 2016 |
Naira devaluation by stealth........sounds like a 'Bank Holiday' 4 Likes |
Re: CBN Suspends Dollar To Naira Trades Till Monday by eightsin(m): 2:22pm On Jun 16, 2016 |
Would this affect someone who wants to pay for visa? |
Re: CBN Suspends Dollar To Naira Trades Till Monday by Nakairogold(f): 2:23pm On Jun 16, 2016 |
Why una dey lie say Naira has not been devalued when some weeks back news had it that FG had secretly devalued Naira pushing it From 320 to 370 against 1 dollar in d parallel market. 1 Like |
Re: CBN Suspends Dollar To Naira Trades Till Monday by Chillext(m): 2:23pm On Jun 16, 2016 |
till then, 15 Likes 3 Shares
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Re: CBN Suspends Dollar To Naira Trades Till Monday by yinka2011: 2:24pm On Jun 16, 2016 |
CBN effectively devalued the Naira with the flexible forex policy. and the stock market is loving it. stock market rose 3.17% yesterday. check this. June 15 (Lagos) - Stocks rallied across all sectors in today’s session as clarity from the CBN on the new foreign exchange framework lifted investor confidence towards market close. Global markets reversed previous losses as investor’s eyed the conclusion of the U.S Federal Reserve’s two-day meeting, shrugging off concerns about the possibility of a Brexit vote. The Financial Services (+396bps) and Consumer Goods (+237bps) sectors bounced back into positive territory, championed by gains in heavy weights GUARANTY (+778bps), ZENITHBANK (+548bps), ACCESS (+363bps), NB (+449bps), and GUINNESS (+500bps). Similarly, the Industrial Goods (+64bps) and Oil & Gas (+107bps) sectors remained in the green, led by advances in DANGCEM (+500bps), OANDO (+500bps), and MOBIL (+495bps). UBA topped the volume and value charts trading 197 million units worth N866 million. The NSE ASI and NSE 30 gained 317bps and 310bps, putting YTD returns at -2.62% and -3.86% respectively. The market recorded turnover of N3.5 billion on 588 million shares. Value and volume of transactions were above May averages by 47% and 55% respectively. Market breadth remained positive with 37 advances and 10 declines. NEM, GUARANTY and FCMB led the gainers chart, advancing 9.52%, 7.78% and 7.69% respectively, whilst UPL, GLAXOSMITH, and NEIMETH led the losers chart, declining 4.99%, 4.87%, 4.65% respectively. Analysts at Vetiva Capital Management Limited in Victoria Island expect the renewed market confidence amidst the clarity on currency market framework to stir the NSE ASI to another strong close in the session ahead. reporting for easykobo.com on Wednesday, June 15 2016 from Lagos, Nigeria http://www.easykobo.com/News.aspx?id=19465 |
Re: CBN Suspends Dollar To Naira Trades Till Monday by 9jatatafo(m): 2:24pm On Jun 16, 2016 |
$1=N1 loading in PMB's track 10 Likes 2 Shares |
Re: CBN Suspends Dollar To Naira Trades Till Monday by Nobody: 2:24pm On Jun 16, 2016 |
Everything is being suspended, including Buhari's return to his own country. May God take control. 5 Likes |
Re: CBN Suspends Dollar To Naira Trades Till Monday by YerYer: 2:24pm On Jun 16, 2016 |
It's time to bring back coweries. 7 Likes |
Re: CBN Suspends Dollar To Naira Trades Till Monday by noeloge82(m): 2:25pm On Jun 16, 2016 |
If done well its better than total devaluation |
Re: CBN Suspends Dollar To Naira Trades Till Monday by akosh005: 2:25pm On Jun 16, 2016 |
Why keeping us waiting till Monday, wen oil price was increased with immediate effect. Abeg tell us Becos I won import garri online dis weekend oooooo. 0ne naira one dollar 1 Like |
Re: CBN Suspends Dollar To Naira Trades Till Monday by nairacliq(m): 2:26pm On Jun 16, 2016 |
Im just here to read comments because even those that have not seen dollar for years will comment 2 Likes 1 Share |
Re: CBN Suspends Dollar To Naira Trades Till Monday by Nobody: 2:26pm On Jun 16, 2016 |
CBN just dey do our economy anyhow. They surely would have to get it right at some point. |
Re: CBN Suspends Dollar To Naira Trades Till Monday by Nobody: 2:26pm On Jun 16, 2016 |
Confused govt.. |
Re: CBN Suspends Dollar To Naira Trades Till Monday by Kyliegame: 2:26pm On Jun 16, 2016 |
Na Wa |
Re: CBN Suspends Dollar To Naira Trades Till Monday by 989900: 2:28pm On Jun 16, 2016 |
Fingers crossed. Trading is speculated to start between N260-N270. 1 Like 1 Share |
Re: CBN Suspends Dollar To Naira Trades Till Monday by strangest(m): 2:28pm On Jun 16, 2016 |
Ok.... Like Oga postpone im coming back |
Re: CBN Suspends Dollar To Naira Trades Till Monday by Professor101(m): 2:28pm On Jun 16, 2016 |
Too bad |
Re: CBN Suspends Dollar To Naira Trades Till Monday by sammyj: 2:28pm On Jun 16, 2016 |
ok |
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