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Nairaland Forum / Nairaland / General / Business / Naira Hits All Time Low At Interbank Market (22554 Views)
Naira Sinks To Record Low At N420 Against Dollar / Naira Hits All-time Low Of 334.50 Per Dollar At Interbank Market / Naira Crashes To N285/$1 At Interbank Market (2) (3) (4)
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Re: Naira Hits All Time Low At Interbank Market by 01mcfadden(m): 7:18am On Jul 22, 2016 |
Maybe our presido meant to say 1000naira will equate 1dollar. I think everything is pointing towards that direction now. The problem with critical liars is that after a while, they start believing their own lies. 3 Likes |
Re: Naira Hits All Time Low At Interbank Market by SmartMugu: 7:21am On Jul 22, 2016 |
Truth234:I agree with you. Their actions isn't helping anyone, not even their own people. We can only hope the government and them work things out. |
Re: Naira Hits All Time Low At Interbank Market by Respect55(m): 7:21am On Jul 22, 2016 |
Truth234: **** I know u must be one of bubu's sympathisers engrossed in shifting blame to some other thing even when it is obvious that they are the real problems. Why not advise him to employ capable economic hands without minding wia dey r from instead of filling the whole political offices in Nigeria with retarded northerners. **** Like fada like son 3 Likes |
Re: Naira Hits All Time Low At Interbank Market by onatisi(m): 7:22am On Jul 22, 2016 |
01mcfadden:
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Re: Naira Hits All Time Low At Interbank Market by Call07034780891: 7:22am On Jul 22, 2016 |
Saraki impeach Buhari now to save Nigeria.. 1 Like |
Re: Naira Hits All Time Low At Interbank Market by AxeurdaddyIX: 7:23am On Jul 22, 2016 |
yang: Oh please, if you must talk, say something reasonable that might help drag this country out of this quagmire. It's y'all cerebral deficient folks with a very poor thinking faculty who always use this The Zoo Must Fall line, it's so cliche Say something wiser or forever hold your peace |
Re: Naira Hits All Time Low At Interbank Market by Ajusshi: 7:23am On Jul 22, 2016 |
Flexherbal: You can still use your magic to cure Buhari's cluelessness. 2 Likes |
Re: Naira Hits All Time Low At Interbank Market by david22uu(m): 7:24am On Jul 22, 2016 |
DaBullIT: Please always try to read before you spit out, dollar @ d interbank mkt reach an all time low of 330 and u are saying 280.. If you don't knw much about fx, please shut up 1 Like |
Re: Naira Hits All Time Low At Interbank Market by AxeurdaddyIX: 7:24am On Jul 22, 2016 |
Respect55: Wise people drive home their points without an attack on persona. He gave his own suggestion, kindly discredit or point out the flaws, you can do that without resorting to crude insults |
Re: Naira Hits All Time Low At Interbank Market by M4gunners: 7:25am On Jul 22, 2016 |
onatisi:It was all about propaganda, stop believing everything you read about fg. 1 Like |
Re: Naira Hits All Time Low At Interbank Market by 4ward(m): 7:25am On Jul 22, 2016 |
wow Truth234: |
Re: Naira Hits All Time Low At Interbank Market by ofwest47(m): 7:28am On Jul 22, 2016 |
Black man with black brain na so so dolla dolla with people with dullard brains, they just sit down at their dullard homes seeking for dollars to import everything from tooth picks to the used tattered pants of a white man. |
Re: Naira Hits All Time Low At Interbank Market by passionate88: 7:28am On Jul 22, 2016 |
Truth234:You want the Niger Delta agitators to stop their 'madness' but you don't want the dullard to do what they demanded if him 1 Like |
Re: Naira Hits All Time Low At Interbank Market by Nobody: 7:29am On Jul 22, 2016 |
countsparrow:I remember Okonjo Iweala warning us in the last regime about the econmy, the issue is even if Jonathan still remains the President, this thing about the economy will still have affected us. God bless Nigeria |
Re: Naira Hits All Time Low At Interbank Market by AreaFada2: 7:31am On Jul 22, 2016 |
Truth234: Well have you asked yourself if the system had done the right thing, militants, boko and others groups causing havoc might have been greatly minimised? We have recycled politicians in office and they have nothing to offer. Maybe first should be getting the right leadership, not based on size of tribe, religion or who contributes what to national purse but the very best leaders. Then restructure the system for more efficiency. 1 Like |
Re: Naira Hits All Time Low At Interbank Market by DaBullIT(m): 7:31am On Jul 22, 2016 |
david22uu: The Nigerian Naira on Thursday weaken to an all-time low of N330.50 against the US dollar, following the Central Bank decision to abandon fix exchange rate. The local currency dropped as much as 5.4 percent to N309 against the US dollar as of 12:24 GMT on Thursday before retreating to N292.40 on the interbank market. “Instead it was mopping up naira liquidity to support the currency. After market closed, a total of $7.10 million trades were done as low as 330.50 naira to the dollar,” a trader said. Commercial Banks had been selling the dollar at 280 to 285 Naira after the central bank removed its 16-month-old peg of 197 Naira to a US dollar in June. From N330 to N309 to N292 and commercial banks are selling approximately 290 and the 330 all time low means during the trading period the highest naira sold is 330 as opposed to upwards of 390-400 Shame on you for being such a wuzz , |
Re: Naira Hits All Time Low At Interbank Market by Nobody: 7:31am On Jul 22, 2016 |
passionate88:must he answer all, nobody get monopoly of wahala o, if e answer militants finish another group go rise up and come up with demands, common, is this all you have? |
Re: Naira Hits All Time Low At Interbank Market by passionate88: 7:36am On Jul 22, 2016 |
FuckTheMod: Even JESUS don comot hands for Nigeria matter. You're alone 2 Likes |
Re: Naira Hits All Time Low At Interbank Market by onatisi(m): 7:37am On Jul 22, 2016 |
M4gunners: 2 Likes
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Re: Naira Hits All Time Low At Interbank Market by passionate88: 7:40am On Jul 22, 2016 |
VenusBetty: 1 Like 1 Share
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Re: Naira Hits All Time Low At Interbank Market by yeyeboi(m): 7:40am On Jul 22, 2016 |
MKO4ever: Whoever told you that the faculty of theater art is at the back of social science must be high on alcohol
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Re: Naira Hits All Time Low At Interbank Market by bewla(m): 7:41am On Jul 22, 2016 |
yang:by zoologist abi |
Re: Naira Hits All Time Low At Interbank Market by bewla(m): 7:44am On Jul 22, 2016 |
bsaying:so u lament with tomato now what u say so shall it be with the ecoقزم to |
Re: Naira Hits All Time Low At Interbank Market by passionate88: 7:45am On Jul 22, 2016 |
SmartMugu: Wow. You no blame GEJ! That's new |
Re: Naira Hits All Time Low At Interbank Market by Skmoda360(m): 7:53am On Jul 22, 2016 |
eddiebruk:even you.... |
Re: Naira Hits All Time Low At Interbank Market by passionate88: 7:59am On Jul 22, 2016 |
SmartMugu: When the dullard made his 97% and 5% speech, it would have favoured others while neglecting the area that sustains the nation. But what the Niger Delta agitators are doing is affecting everybody. This is good |
Re: Naira Hits All Time Low At Interbank Market by AreaFada2: 7:59am On Jul 22, 2016 |
VenusBetty: Maybe, but not so badly. Despite lower oil price, crude oil would have been flowing steady. Because militants were kept in check. NOI warning meant she was good and foresaw difficulties ahead. That is the first step towards preparing for it. GEJ would have together with NOI and CBN gov worked out a reasonable way forward. Not dictating from ASO Rock without a proper economic team and a rookie finance minister to boot. Saudi, Algeria and others are affected by low oil prices too. And they are still not living on their foreign reserve entirely. So depleted reserve is not entirely responsible. Low oil output and poor economic policies are chiefly to blame 1 Like |
Re: Naira Hits All Time Low At Interbank Market by passionate88: 8:02am On Jul 22, 2016 |
AxeurdaddyIX: AxeurdaddyIX: That means you are not wise, you insulted someone and you are saying wise people don't insult |
Re: Naira Hits All Time Low At Interbank Market by 247Dior(m): 8:08am On Jul 22, 2016 |
priceaction:bro things wouldn't have been like this if it was GEJ because he has a good ECONOMIC team and BOKO HARAM is never a threat to the economy..... |
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