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Nairaland Forum / Nairaland / General / Business / Dollar Drops Below N400/$ For First Time In Seven Months (49228 Views)
Analysts Predict Naira Devaluation To N400/$ / Dollar Drops To 185 Naira A Day To Election / Shocking : Bill Gates Came To Nigeria And Dollar Drops To N182. How Possible? (2) (3) (4)
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Re: Dollar Drops Below N400/$ For First Time In Seven Months by SoldierofPeace(m): 7:32am On Mar 23, 2017 |
d change we all seek av begun 4 Likes |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by Nobody: 7:33am On Mar 23, 2017 |
Pumping money into FOREX is artificial solution 8 Likes 1 Share |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by veekid(m): 7:33am On Mar 23, 2017 |
? |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by rozayx5(m): 7:35am On Mar 23, 2017 |
how much did buhari meet it? oh bmc agents above want us to celebrate failure smh 4 Likes 1 Share |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by Nobody: 7:35am On Mar 23, 2017 |
NOOOOOOOOOOOO!!!!! please dollar rise again! what is this? |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by DozieInc(m): 7:35am On Mar 23, 2017 |
Good one |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by Nobody: 7:35am On Mar 23, 2017 |
it will continue dropping IJN 1 Like |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by crackhouse(m): 7:35am On Mar 23, 2017 |
Jetleeee:Pls don't start. must u be stupid? 12 Likes 2 Shares |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by sekem: 7:36am On Mar 23, 2017 |
SuperS1Panther: Don't mind all those selfish and greedy bastards. They feed on other people's blood and they call it business. Ndi oshi Go an' eat the paper dollars you have been hoarding na 5 Likes |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by DozieInc(m): 7:36am On Mar 23, 2017 |
2 Likes |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by Nobody: 7:37am On Mar 23, 2017 |
Yes DozieInc: 3 Likes 1 Share |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by iSufferFools: 7:38am On Mar 23, 2017 |
ItsQuinn:"Bad belle is allowed". |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by Spidermon: 7:38am On Mar 23, 2017 |
It was all along a deliberate tax on Nigerians. Election campaign has started subtly. Billions have been made. Some pockets are seriously heavy now. Nigerians quickly forget pain, till they are punished again. 8 Likes 3 Shares |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by DevilhimseIf: 7:39am On Mar 23, 2017 |
[s] omenkaLives:[/s] Nonsense 1 Like |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by Nobody: 7:40am On Mar 23, 2017 |
I hope GREEDY/SADIST traders allow nigerians feel this positve development via their commodities!... Imagine even GARRI seller blaming dollar rise for increase in price! 2 Likes |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by DevilhimseIf: 7:41am On Mar 23, 2017 |
that's good news @ topic time to stock pile some inventory otolo gbagbuo omenkalives 1 Like |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by burkingx(f): 7:41am On Mar 23, 2017 |
2 Likes
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Re: Dollar Drops Below N400/$ For First Time In Seven Months by Sanchez01: 7:41am On Mar 23, 2017 |
tuniski:I don't understand why you guys are bitter about this. I consider this a great achievement. Besides, the Dollar didn't leap from 198 to over 500. It's a gradual thing. We shall get there, slowly but steadily. 12 Likes 2 Shares |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by yinkslinks(m): 7:41am On Mar 23, 2017 |
I like to laugh when people praise naija government in just weeks. Something they met at 217. Let's just sleep and wake up to hear it risen again like soaked garri. 1 Like |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by Nobody: 7:41am On Mar 23, 2017 |
I think there's a name for this kind of strategy. where a new Government make things worse at first, and then makes it better. so the dumb and gullible electorate start to sing their praises forgetting how the same government made them go through hell. I'm damn sure there's a name for this strategy. 5 Likes 1 Share |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by Nobody: 7:42am On Mar 23, 2017 |
Take it back to 200 that u met it 2 Likes |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by yinkslinks(m): 7:43am On Mar 23, 2017 |
You doing deals I guess? ItsQuinn: |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by ElsonMorali: 7:43am On Mar 23, 2017 |
Wow, this is nice. I desperately hope they can sustain this and flood the market with dollars to the extent that dollars will become like tissue paper. Lol. Prices of goods in the market won't fall immediately due to individual greed. But hopefully, market forces will force them down when some smart ones realize that they can actually make a killing by dropping their own prices. 2 Likes |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by Wiseoldman: 7:43am On Mar 23, 2017 |
emperorgoke: The buying and hoard Dollars that caused the problem was also an artificial problem. Its a matter of who has more money CBN or greedy speculator...You guess is as good as mine, its the guys (CBN) with 30 Billion for the account...lol How market? village speculators who are feeling like Goldman Sachs...lolz 19 Likes 1 Share |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by hisgrace090: 7:44am On Mar 23, 2017 |
To God be the glory. |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by AngelicBeing: 7:45am On Mar 23, 2017 |
omenkaLives: 7 Likes 2 Shares
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Re: Dollar Drops Below N400/$ For First Time In Seven Months by hysteriabox(m): 7:45am On Mar 23, 2017 |
SuperS1Panther: Lol. it appears to me that some people just take the time to pause n wait for things to go wrong so they can talk. Nice one BTW... No one is hailing buhari for this. But the moment it begins to fall... Life lesson: when things go well, its your deputy; but when things go bad, its your administration.- haters narrative 5 Likes |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by rusher14: 7:45am On Mar 23, 2017 |
emperorgoke:Please suggest some permanent solutions. 1 Like |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by SuperS1Panther: 7:45am On Mar 23, 2017 |
emperorgoke: The hoarding and speculation were also artificial in nature without any economic inducer. OBJ used the same strategy for 8years and he built our Foreign Reserves from $3bn to 43bn with another $12bn in Excess Crude a/c. The strategy will build foreign investors confidence with the growing reserves while meeting immediate dollar needs by CBN will help to curtail inflation and prices of goods as at today, while still guaranteeing productive activities of the manufacturing companies. 12 Likes 2 Shares |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by Nobody: 7:46am On Mar 23, 2017 |
Jetleeee: The overfed ineffectual fat pig who couldn't manage the economy in a time of oil boom. A time when she had it very very easy...Havard my foot! 13 Likes 2 Shares |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by AngelicBeing: 7:47am On Mar 23, 2017 |
Jetleeee: 5 Likes |
Re: Dollar Drops Below N400/$ For First Time In Seven Months by rusher14: 7:47am On Mar 23, 2017 |
yinkslinks:o It was once 1 dollar to 1 Naira. Please show me one government that reversed the negative decline of the Naira. 3 Likes |
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