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Nairaland Forum / Nairaland / General / Business / Naira Recovers From N515 To N490 Per Dollar (663 Views)
Breaking : Nigerian Naira Posted Its Biggest Drop Now Exchange At N515 / Naira Plunges To N390 Per Dollar On Parallel Market / Naira Dips To N490/$ As CBN Seeks End To Black Market (2) (3) (4)
Naira Recovers From N515 To N490 Per Dollar by SeyiSpeaks: 12:24pm On Feb 23, 2017 |
Today, the Nigerian naira recovered to N490 per dollar, as the fresh policy action from the Central Bank of Nigeria finds its foothold. A bureau de change operator, who spoke to TopNaija.ng in Lagos, said the...Read More at www.topnaija.ng/naira-recovers-from-n515-to-n490-per-dollar/
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Re: Naira Recovers From N515 To N490 Per Dollar by kabrud: 12:31pm On Feb 23, 2017 |
Very good. Hopefully, this trend will continue. |
Re: Naira Recovers From N515 To N490 Per Dollar by collab: 1:07pm On Feb 23, 2017 |
We are getting there with or without pmb. |
Re: Naira Recovers From N515 To N490 Per Dollar by koolet: 2:07pm On Feb 23, 2017 |
Hmmn |
Re: Naira Recovers From N515 To N490 Per Dollar by stagger: 4:15pm On Feb 23, 2017 |
Temporary pullback. The fundamentals still support a weaker Naira. You only need to study the interventions of the Bank of Japan and Swiss National Bank to understand what is happening. |
Re: Naira Recovers From N515 To N490 Per Dollar by elochukwud9: 5:41pm On Feb 23, 2017 |
stagger:We nigerian must we bad mouth any thing please pray for your country and you yes you in particular find some thing to do to promote these country Naira goes up you complain, it comes down you complain haba nigerian. 2 Likes |
Re: Naira Recovers From N515 To N490 Per Dollar by Nuezha(m): 7:15pm On Feb 23, 2017 |
I have a brother friend whose business is to buy wads of dollars for keep and wait for a rise in the value, and then sell in bits. He is among millions who are causing artificial scarcity and forcing the market to operate erratically the way it is right now. Many unscropulous Nigerians will roll out their hidden dollars before it completely loses its profit and becomes a depreciated currency if the government can sustain it's effort to meet dollar demand of legitimate users. |
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