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Nairaland Forum / Nairaland / General / Business / Dollar Free Fall Continues, Sells At N425/dollar (24888 Views)
Again Naira Falls, Sells At N465 Per Dollar / Naira Appreciates Further, Sells At N425/$ In Parallel Market / Naira Improves On Parallel Market, Sells At N501/$ (2) (3) (4)
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Re: Dollar Free Fall Continues, Sells At N425/dollar by Ogashub(m): 7:26am On Mar 01, 2017 |
Even if dollar crashes to 200 naira greedy Nigerians won't slash prices of commodities they will lie about still having still having old stocks that the bought when dollar was 800... Especially this thieves called car dealers 4 Likes |
Re: Dollar Free Fall Continues, Sells At N425/dollar by Cyberrex(m): 7:26am On Mar 01, 2017 |
getting better, get well soon our dear naira |
Re: Dollar Free Fall Continues, Sells At N425/dollar by ednut1(m): 7:26am On Mar 01, 2017 |
Woe unto all d speculators. Una go cry blood |
Re: Dollar Free Fall Continues, Sells At N425/dollar by tolexy123: 7:27am On Mar 01, 2017 |
celestialAgent:This guy dey try book space |
Re: Dollar Free Fall Continues, Sells At N425/dollar by DoyenExchange: 7:28am On Mar 01, 2017 |
Let's be watching |
Re: Dollar Free Fall Continues, Sells At N425/dollar by tribalistseun: 7:28am On Mar 01, 2017 |
Buhari should not come back again. Illiterate we don't want you back again 3 Likes
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Re: Dollar Free Fall Continues, Sells At N425/dollar by Sanchez01: 7:30am On Mar 01, 2017 |
ToriBlue:I thought I was the only one noticing. |
Re: Dollar Free Fall Continues, Sells At N425/dollar by nwabobo: 7:30am On Mar 01, 2017 |
omenkaLives: So a local farmer will not buy medicine, cloth, shoes, rice, milk, car etc from the market? If the prices of things increase he has to increase his commensurately to be able to afford the basics he could afford before. 4 Likes 1 Share |
Re: Dollar Free Fall Continues, Sells At N425/dollar by wristbangle: 7:30am On Mar 01, 2017 |
celestialAgent: U have made a good point 2 Likes |
Re: Dollar Free Fall Continues, Sells At N425/dollar by babyfaceafrica: 7:31am On Mar 01, 2017 |
SamuelAnyawu:see lie!!! |
Re: Dollar Free Fall Continues, Sells At N425/dollar by GenbIoodykiller: 7:32am On Mar 01, 2017 |
[s] omenkaLives:[/s] mr sadist as bitter as you are you don't understand the basic principles of economics ok let me educate you Nigeria is a country based on importation of many things including essential products like clothes, etc if a farmer sells to you his farm products at a cheaper regular rate will he use the same money to buy those things he needs aside his farm products at cheaper rates? this is a country where raw materials for producing local goods are imported and you say it won't affect local price. use your damn brain omenka thank me later 1 Like |
Re: Dollar Free Fall Continues, Sells At N425/dollar by tribalistseun: 7:32am On Mar 01, 2017 |
ToriBlue:tribalism as usual 3 Likes
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Re: Dollar Free Fall Continues, Sells At N425/dollar by signz: 7:32am On Mar 01, 2017 |
omenkaLives: Baba, Hunter dey go market nah 3 Likes |
Re: Dollar Free Fall Continues, Sells At N425/dollar by Doctor0071(m): 7:33am On Mar 01, 2017 |
Buhari wish to rule nigeria bt gods dnt want him, as him left gods free nigeria frm problem |
Re: Dollar Free Fall Continues, Sells At N425/dollar by dealslip(f): 7:33am On Mar 01, 2017 |
SamuelAnyawu: Expect that from Maiduguri. It is a war torn area. Only few risk doing business in such volatile areas hence the hesitation to bring stuffs there for sale or investments. Off course plenty money will be chasing the few goods available. That is a perfect recipe for high price/inflation. |
Re: Dollar Free Fall Continues, Sells At N425/dollar by freeborn76(m): 7:34am On Mar 01, 2017 |
Thank you dear Lord! |
Re: Dollar Free Fall Continues, Sells At N425/dollar by GenbIoodykiller: 7:34am On Mar 01, 2017 |
[s] ToriBlue:[/s] nonsense if those greedy traders sells to you at cheaper price will they still use the money to buy those things from companies that import raw materials for their local production use your brain sister it cost nothing to use it 1 Like 1 Share |
Re: Dollar Free Fall Continues, Sells At N425/dollar by Nobody: 7:35am On Mar 01, 2017 |
Ogashub: I agree with you that some traders would still keep selling at old prices, but not car dealers. You know why? For the first 2 months,they would act stubborn, but the moment other competitors start selling at 2 million what you are claiming 4million for, hunger would reset your brain instantly. It's not wise to buy a car now, wait for 2 months. Prices would drop IF dollar rate drops and stabilises to a reasonable rate. It would be cheaper than now but not as cheap as 2015. 3 Likes 1 Share |
Re: Dollar Free Fall Continues, Sells At N425/dollar by Alexrayz(m): 7:36am On Mar 01, 2017 |
ToriBlue: Just like d domino effect an effect on a directly on indirect effect b I believe they just trying to great a level profit level as regard those market dat are directly affected by d increase in dollar 1 Like |
Re: Dollar Free Fall Continues, Sells At N425/dollar by savagefinder: 7:37am On Mar 01, 2017 |
omenkaLives:they have to pay for imported things too and the prices of those things have gone up...oya tell me..if you were buying rice, phones and laptops for your children at a price almost double the previous amount won't you want to increase ur own level of income? 1 Like |
Re: Dollar Free Fall Continues, Sells At N425/dollar by 0rlando0woh: 7:38am On Mar 01, 2017 |
omenkaLives:When the cost of every other thing in the market has gone up and the hunter buys them, don't you expect him to hike the price of his only source of livelihood to make up for the higher expenses? Those expenses do not have to be directly related to his hunting 2 Likes |
Re: Dollar Free Fall Continues, Sells At N425/dollar by GenbIoodykiller: 7:38am On Mar 01, 2017 |
signz: **** he taught that hunters manufactures everything he needs themselves. that's what we call recession and inflation because it reaches the grassroots **** 3 Likes 1 Share |
Re: Dollar Free Fall Continues, Sells At N425/dollar by HiddenShadow: 7:39am On Mar 01, 2017 |
ToriBlue: You have started this early morning What sort of lies are you dishing Happening mostly in the East you have never visited 3 Likes |
Re: Dollar Free Fall Continues, Sells At N425/dollar by GenbIoodykiller: 7:40am On Mar 01, 2017 |
0rlando0woh: you're even educating him the dude is suffering from a trauma thus no rational reasoning again 2 Likes |
Re: Dollar Free Fall Continues, Sells At N425/dollar by Nobody: 7:41am On Mar 01, 2017 |
We need it back at 150 biko |
Re: Dollar Free Fall Continues, Sells At N425/dollar by 0rlando0woh: 7:41am On Mar 01, 2017 |
nwabobo:Exactly. |
Re: Dollar Free Fall Continues, Sells At N425/dollar by Nobody: 7:43am On Mar 01, 2017 |
Bro you are on point. Leave the ignoramus. omenkaLives: |
Re: Dollar Free Fall Continues, Sells At N425/dollar by alizma: 7:44am On Mar 01, 2017 |
omenkaLives:if I sell 2 tubers of yam to buy an imported radio for #500 naira before when dollar was #250, the question is since dollar is now 500 and the same imported radio has risen to #1,000, what should I do to ensure that selling 2 tubers of yam will give me enough money to pay for the radio? (a) sell 2 tubers of yam for #500 then borrow #500 from a friend so I could buy the radio. (b) increase the price of my yam so that when I sell the same quantity of yam that enable me to buy a radio before, I can still buy new radio at the current price of #1,000. (c) sell more yam than usual so that I can buy the radio at new price. common sense is not common. your time starts now 4 Likes |
Re: Dollar Free Fall Continues, Sells At N425/dollar by MistaBabz: 7:45am On Mar 01, 2017 |
It's a nice action by the way that's what you get when a literate person is on seat. Unlike that uncertified....... |
Re: Dollar Free Fall Continues, Sells At N425/dollar by Agondagabi: 7:46am On Mar 01, 2017 |
Hippocrates everywhere. |
Re: Dollar Free Fall Continues, Sells At N425/dollar by MistaBabz: 7:47am On Mar 01, 2017 |
That's what you get when a professor is on seat. Unlike that............. |
Re: Dollar Free Fall Continues, Sells At N425/dollar by Nobody: 7:47am On Mar 01, 2017 |
Happy vacation till 2023 to the nomad! Goog job @ osinbANDE! Don't relent! |
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