Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,730 members, 7,820,531 topics. Date: Tuesday, 07 May 2024 at 04:32 PM

BREAKING: Naira Crashes To N510 Per Dollar - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / BREAKING: Naira Crashes To N510 Per Dollar (616 Views)

Dollar Sells For N420, Naira Crashes In Value / Naira Exchanges At Record-low, N510 A Dollar / Naira Crashes To N484 Against Dollar As More Bdcs Go Underground (2) (3) (4)

(1) (Reply) (Go Down)

BREAKING: Naira Crashes To N510 Per Dollar by dipoolowoo: 3:01pm On Feb 15, 2017
By Modupe Gbadeyanka

The free fall of Naira at the foreign exchange market entered another fresh climax in the afternoon of Wednesday, February 15, 2017.

Business Post reports that the local currency moved from N507 per Dollar it opened this morning to N510 in the afternoon.

Last week, the Naira first hit the N500 mark from N498 to the Dollar, before finishing the week at N503 per Dollar.

Also as at the time of writing this report, the British Pound Sterling is being exchanged at N625 from N620 it opened on Wednesday morning, while the Euro is traded at N535 in contrast to N532 it opened.

http://www.businesspost.ng/2017/02/15/breaking-naira-crashes-n510-per-dollar/

Re: BREAKING: Naira Crashes To N510 Per Dollar by ogologoamu: 3:03pm On Feb 15, 2017
OK
Re: BREAKING: Naira Crashes To N510 Per Dollar by ufuosman(m): 3:08pm On Feb 15, 2017
naija which way forward?
Re: BREAKING: Naira Crashes To N510 Per Dollar by Nobody: 3:24pm On Feb 15, 2017
wat is so breaking abt dz
Re: BREAKING: Naira Crashes To N510 Per Dollar by GMBuhari: 3:59pm On Feb 15, 2017
Soon the Ediots will try to cash out


that's when EFCC will break their bloccus
Re: BREAKING: Naira Crashes To N510 Per Dollar by stagger: 4:25pm On Feb 15, 2017
The Naira has been hovering around the N500 psychological resistance for some time now. But once this level is broken, it is going to make a dash for N520 or N530 before we see some pullback as people start offloading.

1 Like

Re: BREAKING: Naira Crashes To N510 Per Dollar by Eddodoh(m): 4:40pm On Feb 15, 2017
The final burial of importation business
Re: BREAKING: Naira Crashes To N510 Per Dollar by dayus444: 4:40pm On Feb 15, 2017
Once upon a time, there was a country.
Re: BREAKING: Naira Crashes To N510 Per Dollar by Ganjafama(m): 4:59pm On Feb 15, 2017
Eddodoh:
The final burial of importation business
No doubt about that.

1 Like

Re: BREAKING: Naira Crashes To N510 Per Dollar by Nobody: 5:03pm On Feb 15, 2017
they shud keep standing with buhari



if na only me, this is sweet news, but overall , the economy will die undecided undecided
Re: BREAKING: Naira Crashes To N510 Per Dollar by stagger: 9:18am On Feb 21, 2017
stagger:
The Naira has been hovering around the N500 psychological resistance for some time now. But once this level is broken, it is going to make a dash for N520 or N530 before we see some pullback as people start offloading.

I predicted this days back. Now the 520 price is here with us.

(1) (Reply)

. / I Need Help Running A Drug Store / Please How Do I Pay For International Transactions On Aliexpress

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 12
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.