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Nairaland Forum / Nairaland / General / Business / Naira Plunges To N390 Per Dollar On Parallel Market (12597 Views)
Naira Plunges To N472/$ As Forex Scarcity Worsens / Naira Plunges At Interbank Market / Naira Maintains Gain On Parallel Market (2) (3) (4)
Naira Plunges To N390 Per Dollar On Parallel Market by Truth234(m): 4:42am On Apr 25, 2017 |
The Nigerian Naira plunged against the United States dollar on Monday to its lowest in a week. The local currency which closed at N380 to a U.S. dollar on the parallel market on Friday, slid to N390 on Monday. However, the Naira which has been hovering between N380 and N410 to a dollar in the past two weeks has failed to substantially close the gap between the official and black market rates. Prompting the Central Bank of Nigeria to sell about $3 billion since the intervention began in February. Accordingly, the CBN on Monday offered a fresh $246.2 million to authorised dealers at the forex auction in the interbank wholesale window –‘the Small and Medium Enterprises and invisibles’ segments. The breakdown shows the sum of $150 million was auctioned at the wholesale window while the SMEs and invisibles were appropriated $52 million and $44.2 million respectively. This was confirmed by the CBN spokesman, Mr. Isaac Okorafor, who stated that the forward sales would be concluded in the days to come. He further stated that the CBN would continue its weekly sales to dealers in the Bureau de Change segment in order to guarantee onward sale to end users. “The SME operators no longer have to patronise or source foreign through unofficial windows and no more pressure on either the BDCs or any other unofficial source with the opening of the special window,” he added. http://investorsking.com/naira-plunges-to-n390-per-dollar-on-parallel-market/ |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by Destined2win: 5:09am On Apr 25, 2017 |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by slimthugchimee2(m): 5:12am On Apr 25, 2017 |
Aiit |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by ZUBY77(m): 6:17am On Apr 25, 2017 |
It was a mistake to remove Okonjo Iweala and vote in these clues animals. How is it so difficult to keep naira stable, even at 1000 naira per dollar? 57 Likes 2 Shares |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by dessz(m): 7:14am On Apr 25, 2017 |
we want our #1=$1 #bringbackournaira. 11 Likes |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by clems88(m): 7:14am On Apr 25, 2017 |
itz my birthday .may my years multiply like the naira 46 Likes |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by Smellymouth: 7:15am On Apr 25, 2017 |
Hmm |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by M2dX(m): 7:15am On Apr 25, 2017 |
Let them allow this naira stay one place nah 2 Likes |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by PLANETMARS(m): 7:15am On Apr 25, 2017 |
buying bitcoin 390/$ |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by holuwole12(m): 7:16am On Apr 25, 2017 |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by OnowuOra(m): 7:16am On Apr 25, 2017 |
. |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by Houseofglam7(f): 7:16am On Apr 25, 2017 |
The thing don enter reverse gear again 7 Likes |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by Jay1F(m): 7:16am On Apr 25, 2017 |
Contact me for sure 2 odds per day. |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by OreoPaschal(m): 7:17am On Apr 25, 2017 |
and i heard 382naira considering the amount they injected yesterday. |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by blithe2nice(m): 7:17am On Apr 25, 2017 |
Nigeria will be great one day weda apc and pdp like am or not.....Yesterday i just dey imagine ,if all the money naija owns, them use am develop this nation en,naija would have been one of the finest countries in the world......if you believe naija will be better some day, shout naija! 3 Likes |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by dessz(m): 7:17am On Apr 25, 2017 |
Smellymouth:guy,I no know say u be member of "Nairaland" space bookers association of naija |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by willibounce1(m): 7:17am On Apr 25, 2017 |
The injections are not working. The malaria is strong on the naira. 4 Likes |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by Atiku2019: 7:18am On Apr 25, 2017 |
Chai |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by Smellymouth: 7:18am On Apr 25, 2017 |
dessz: I just dey surprise how naira dey so unstable. Lol 2 Likes |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by rufans(m): 7:19am On Apr 25, 2017 |
1 Like |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by maxiuc(m): 7:21am On Apr 25, 2017 |
Apc zombies don't mind them when they defend their grand master nd Apc in public almost all of them are dying of hunger in secret Am a proudly wailer and am feeding well 4 Likes |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by Blackfire(m): 7:21am On Apr 25, 2017 |
Walahi me I don't understand for this kwom and be going gormenty... Economy yamutu. 1 Like |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by jasawa: 7:21am On Apr 25, 2017 |
ZUBY77:hmmmm and those animals are you parent that give birth to you and keep you in Zoo. So Mr animal have a nice day. 6 Likes |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by Nobody: 7:23am On Apr 25, 2017 |
I have a payoneer card for sale.
pm or quote me if interested. |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by HenriFayol(m): 7:23am On Apr 25, 2017 |
This has been the range for over two months. This is where they want it to be. The cabals know what they are doing. Deceiving innocent Nigerians... It's all lies until it reaches 250 8 Likes |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by Nobody: 7:29am On Apr 25, 2017 |
Ok |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by Zenithpeak(m): 7:30am On Apr 25, 2017 |
clems88: May your life continue to wax stronger like dollars invested during Buhari's era. And never crash like naira in the late 2016/17. Happy Birthday, wishing you long life and prosperous years ahead. 5 Likes 1 Share |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by Temptee101(m): 7:32am On Apr 25, 2017 |
Nigerian's currency as unstable as buhari's health. smh Well, i just hope the presidency is aware of this development |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by Timiblanko(m): 7:32am On Apr 25, 2017 |
Thank GOD, let see more change |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by Adecks01(m): 7:33am On Apr 25, 2017 |
Please bring our Naira back to it's normal exchange rate N150 per USSD1 as of when you took over power. Keep your N1 equal to USD1 for your now and next generation. 1 Like |
Re: Naira Plunges To N390 Per Dollar On Parallel Market by MrEverest(m): 7:33am On Apr 25, 2017 |
Rubbish, I only pity the innocent masses that knew that this old sadist and his gang of opportunists has nothing good to offer except sorrows, but are unfortunate to suffer with the stvpid ones that supported & still supports the wicked and senile sadist. Personally, Naira can plummet to 1000 to a dollar, I dont give a damn anymore. Its even to the advantage of the smart ones that are thinking outside the box. The senile sadist thinkr he is doing us but he is doing himself and millions of his people that are too lazy and dull to earn dollars, whether legally or illegally. We in the South have millions of diaspora folks sending remittances and many at home also earning dollars from freelancing. !Diots!!! 3 Likes |
How Make Millions of Naira Setting Up A CBT Center / UBA Organises Pomp Send-forth Party For Outgoing MD PO (pix) - Naijabankers.com / Naira Crashes Further To N445 Per dollar
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