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Nairaland Forum / Nairaland / General / Business / Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 (9335 Views)
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Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by Doyin2(m): 5:32pm On Jun 17, 2016 |
If you are one of those hoarding dollars speculatively,I would STRONGLY advice you to sell it off before Monday,20.6,2016 ,at the black market. The new Forex regime is surely going to improve the dollar supply,with an expectant crash in the black market rate. The new market driven forex rate to the dollar, is expected to hover in between the current official rate and the black market rate,some where between 200 and 300. Heed to my advice and thank me later! 12 Likes 3 Shares |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by Jerrymax01(m): 5:45pm On Jun 17, 2016 |
Have been searching for my $1 since I saw ur post, abeg u help me see ham make I go change for aboki side? 12 Likes 1 Share |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by DaBullIT(m): 6:07pm On Jun 17, 2016 |
I have hid my dollar 10 Likes |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by pacino26(m): 6:13pm On Jun 17, 2016 |
It doesn't devalue the dollar in any way 4 Likes |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by 989900: 6:29pm On Jun 17, 2016 |
Dem no dey tell man. |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by iykedare(m): 8:28pm On Jun 17, 2016 |
989900: Yeah,he shouldn't mislead people. I've got 15000 dollars and I won't sell. Only the gullible will start selling their dollars. The rate will soon hit 400. Abegi. Naija and bad Belle. 10 Likes |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by Compliant(m): 9:11pm On Jun 17, 2016 |
The max it will sell on monday is 260 |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by PhilemonObende: 9:26pm On Jun 17, 2016 |
iykedare: It is part of their strategy, so you can flood the market with your hard-earned dollars. My own $10,000 dey under my pillow jeje till Baba buhari help us to make it 900 naira to one dollar. Sai Baba! #ThisiswhyIstand withBuhari! 24 Likes 2 Shares |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by iykedare(m): 9:37pm On Jun 17, 2016 |
PhilemonObende: Dont mind them. Is it now a crime to save your money in foreign currencies? After the last election,someone told me to sell my dollars,i foolishly sold 5000 dollars and lost some money in the process. I won't do that again. Most people who have got dollars won't panic sell. It won't work this time around. These mediocre government should find another way to strengthen the naira. I earned my money thru hard work ,no one should tell me when to sell it. 15 Likes |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by onatisi(m): 9:52pm On Jun 17, 2016 |
Compliant:Why do people like deceiving themselves Even the cbn that formulated the new policy have come out to say that there will be a sharp increase in the price of dollars but that within 3 to 4 weeks the price will crash. Nigerians are just too annoyingly gullible 7 Likes |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by remedick: 10:07pm On Jun 17, 2016 |
onatisi:I tire for this people o. There is gonna be a spike for sure. 1 Like |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by aloeman15(m): 11:13pm On Jun 17, 2016 |
It's good to see that blind optimism still exists. It gladens the heart. Meanwhile, if you have dollars, wait until the first tranche of govt spending- Feeding, construction, new grad teachers' salaries. Whichever comes first. Patience is truly a virtue. Doyin2: 1 Like |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by TheBlackGeneral(m): 1:12am On Jun 18, 2016 |
Lol @ op. Have you sold yours |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by abbeyology88(m): 1:22am On Jun 18, 2016 |
;DI have 5 dollar note and I hide am insde my kolo. My purpose is to keep it till when dollar go change its design. So I go say "see the old dollarrrrrrrr" hooobiiiii-ela oju kan |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by moneybag100: 3:59am On Jun 18, 2016 |
Doyin2:Op correct yourself, its heed not hid...hid is past tense of hide. |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by ISpiksDaTroof: 5:30am On Jun 18, 2016 |
Look at the ones on this thread claiming they have thousands of Dollars... 7 Likes |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by SleekAboki: 5:55am On Jun 18, 2016 |
ISpiksDaTroof:The day I saw Abdullah, a cripple move a little from his sit,open a hidden spot from his sit and brought out volumes of liquids of Benjamins, I changed my perception never to underestimate .even a beggar on the streets. $10,000 $15,000 and you doubting? Human beings of Nigeria now have strong rooms in their homes. You should also learn to keep some dollars handy cos you can't predict Nigeria in the next six months. 12 Likes |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by YoursGEJ(m): 5:56am On Jun 18, 2016 |
OP gerrarahere mehn. I no dey sell anything. For those who want to listen to OP's advice and sell, I'll buy your dollar from you 1 Like |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by kolaaderin: 6:11am On Jun 18, 2016 |
PhilemonObende: Just imagine ur kind of unpatriotic miscreant against ur own country. U shall regret keeping that dollar as u will sell it below the cost of acquiring it. Why should one keep dollar when u have nothing to do with it immediately just for the thinking of unpatriotic surcharge of ur own country. Change ur mind set for a better Country for all 10 Likes |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by jargonzboi(m): 6:12am On Jun 18, 2016 |
nice predictions. |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by Doyin2(m): 6:17am On Jun 18, 2016 |
onatisi: The expected sharp increase is from the official rate,currently below 200. CBN has no business with the black market rate. Facts are sacred. 6 Likes |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by Doyin2(m): 6:28am On Jun 18, 2016 |
iykedare: I just wonder why some people still find it hard to comprehend statements written in very elementary English. My advice was targeted at those keeping dollars for speculative reasons,not for savings.By the way, if you are not into international business or a frequent user of foreign currency,why save in dollars at the detriment of your country's economy? The new Forex regime could now be likened to what is obtainable at the stock market. Now is the time to sell your Dollars! The new Forex regime is only a temporary monetary policy strategy to address the issue of foreign currency supply.On the long run,the strength of the Naira would be determined by both fiscal and monetary policies. Higher local productivity and exports will in the long run boost the value of the Naira. As a fiscal policy,I will advice the FG to ban the importation of ALL items that are currently being produced in Nigeria,to further reduce the pressure on the Naira. Basic economic common sense ? 5 Likes 1 Share |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by otukpo(f): 6:32am On Jun 18, 2016 |
All na permutations. 2 Likes |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by PhilemonObende: 6:48am On Jun 18, 2016 |
kolaaderin: our baba buhari is paying his children school fees in dollars and pounds not naira,i'm only following in his footsteps. Sai baba! 4 Likes |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by PhilemonObende: 7:04am On Jun 18, 2016 |
Doyin2: no be who don chop dey get strenght to do patriotism? 3 Likes |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by iykedare(m): 7:04am On Jun 18, 2016 |
ISpiksDaTroof: Look at you... E go better for you too,Amen. 4 Likes |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by iykedare(m): 7:12am On Jun 18, 2016 |
Doyin2: Kid,keep your advice to your self. I don't appreciate it. 3 Likes |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by iykedare(m): 7:17am On Jun 18, 2016 |
Doyin2: You and your fellow naija economists should engage in something else you can do better in. Your forecast or economic analysis are usually off the mark. Give it a rest. 3 Likes |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by SleekAboki: 7:30am On Jun 18, 2016 |
kolaaderin:What has Nigeria done for him to warrant any atom of patriotism? The gentleman should hit the streets and start dashing out his dollars so you and APC government can dazzle him as a patriotic Nigerian? 6 Likes |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by owagbeba: 7:55am On Jun 18, 2016 |
Doyin2: Well, I am hanging on to Goods(imported) till the hysteria is over. I think it's a bit risky holding dollar or naira in this uncertainty. Currently the value has dropped from 370 to 355. I think there's a growing urge amongst the forex trader(black market) to sell off dollars for naira |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by PhilemonObende: 8:11am On Jun 18, 2016 |
The day I will sell my dollar is the day nigeria starts exporting manufactured goods that are in high demand. Thunder fire patriotism! Na patrotism we go chop? 7 Likes |
Re: Warning From An Economist:go Sell Your Dollar Before Monday,20.6.2016 by ISpiksDaTroof: 9:45am On Jun 18, 2016 |
SleekAboki:Sorry, Not these obvious low lifes on NL. You have a better chance convincing me of a Igloo in hell. No man worth a penny boasts about it to the world... except liars and dreamers. |
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