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Nairaland Forum / Nairaland / General / Business / Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market (9171 Views)
Naira Down To N364.33/$ In I&E Window / Naira Watch: Naira Appreciates To N420/$ / Naira Appreciates To N455/$ As External Reserves Hit $30bn (2) (3) (4)
Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by Gistboy120(m): 12:30am On Jul 28, 2017 |
The Nigeria naira yesterday appreciated further to N364 per dollar in the parallel trade showcase because of frail interest for dollar. Naijcrackgist survey revealed that the parallel market exchange rate fell for the second consecutive day to N364 per dollar yesterday from N365 per dollar on Tuesday. This translated to N1 appreciation for the naira. Similarly the naira appreciated by 90 kobo in the Investors and Exporters (I&E) window, as the indicative exchange rate dropped to N368.6 per dollar yesterday from N369.5 per dollar on Tuesday. Data by the Financial Market Dealers Quote (FMDQ) showed that the volume of transactions dropped by 58 per cent to $75.32 million from N182.3 million on Tuesday. Continue reading here : http://www.naijcrackgist.com.ng/2017/07/nigeria-naira-appreciates-to-n364-per.html Source: www.naijcrackgist.com.ng
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Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by Castleberry: 7:41am On Jul 28, 2017 |
FTC |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by nairaman66(m): 7:41am On Jul 28, 2017 |
Still a long way to go, but commendable so far! I guess is as a result of the NSE growth in the last couple of days! |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by KingLennon(m): 7:41am On Jul 28, 2017 |
1naira appreciation and we are celebrating as if we won lottery. I can still remember that the was a time 1 dollar was 180naira untill Change came in . God will help us 12 Likes |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by Nobody: 7:41am On Jul 28, 2017 |
Some entrepreneurs like me are praying for a dollar to equal N1000.. 4 Likes |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by Nobody: 7:42am On Jul 28, 2017 |
So we should we dancing abi? When APC promised us 1N to 1dollar 11 Likes |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by Camlot000007: 7:42am On Jul 28, 2017 |
Pls anybody that can help on this topic "Investment analysis and feasibility studies of a commercial property in an urban area"Pls anything that relate to the topic will be appreciated 1 Like 1 Share |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by verygudbadguy(m): 7:42am On Jul 28, 2017 |
It will surely crash down to 300 before the end of 2018. The CBN intervention fund has been really helpful. If not, dollar should be exchanging for 600 naira right now. Thanks to CBN Governor/ AgP. 5 Likes |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by Babtunz: 7:42am On Jul 28, 2017 |
Mtcheeeew,I'm still waiting for d day Naira will Become #10 to a Dollar |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by Nobody: 7:42am On Jul 28, 2017 |
Time to pump more $400m into the BDCs to be shared by our brothers the mallams and never to be recovered again. Same way they allocated billions of dollars saying its for search of oil in a desert, just to share it. Buhari has a special place in that great fire 10 Likes |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by Jengem: 7:42am On Jul 28, 2017 |
Buhari should remain in london until it gets to 200 naira Then he can move to alaska 3 Likes |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by Zane2point4(m): 7:42am On Jul 28, 2017 |
Naira just gained by just 2naira and its something to write home about, i rmber when this same dollar to naira ratio was arnd 160 yet some ppl wia defiantly criticising in other to snatch power. I blame Jonathan he is weak, its better he rigged the election sef afterall his predecessors did just that and nothing happened. Its better we manage corruption when dollar to naira was 160,than Fight corruption when dollar rate was 366. 1 Like |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by egbabiekperemo1: 7:43am On Jul 28, 2017 |
This naira convulsions and epilepsy done tire me abeg. |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by KingLennon(m): 7:43am On Jul 28, 2017 |
Castleberry:Even you? U dey booked space |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by feekman(m): 7:43am On Jul 28, 2017 |
Issok |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by nairaman66(m): 7:43am On Jul 28, 2017 |
Castleberry: D for Dike? Or ?? |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by dallyemmy: 7:44am On Jul 28, 2017 |
I doubt if the naira can go lower than 360 benchmark that CBN had set initially |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by Amberon11: 7:44am On Jul 28, 2017 |
Naira the only twerking currency. 1 Like |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by jjjjj2017: 7:44am On Jul 28, 2017 |
APC CHANGE!!! |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by Viergeachar: 7:45am On Jul 28, 2017 |
Good news. However, speculators modath, Egunmogaji and onatisi won't like this. Too bad! By the time all our refineries reopen and Dangote refinery joins the fray, many recalcitrant speculators may just commit suicide. 1 Like |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by baloest: 7:45am On Jul 28, 2017 |
good |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by jjjjj2017: 7:46am On Jul 28, 2017 |
5DMindset:don't forget to add sarrki, NgeneUkwenu, madridguy, yarimo 3 Likes |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by seekier(m): 7:46am On Jul 28, 2017 |
When will it come back to 180? |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by seunny4lif(m): 7:46am On Jul 28, 2017 |
Tell me when it's 180# to 1 dollar At least that how the money dey before one chance party enter 1 Like |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by Nackzy: 7:47am On Jul 28, 2017 |
Buhari pls tell lie Mohammed to blame it on PDP or Jonathan...Even oil boom when it was 100$/barrel |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by Nobody: 7:48am On Jul 28, 2017 |
Stale now abeg |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by Castleberry: 7:49am On Jul 28, 2017 |
Kinglennon do you want to buy the space? |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by yarimo(m): 7:49am On Jul 28, 2017 |
jjjjj2017:
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Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by Atiku2019: 7:49am On Jul 28, 2017 |
KingLennon: in the parallel market a dollar for 180 naira in 2015 ? |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by NobleAngell(f): 7:50am On Jul 28, 2017 |
Nice but quite a slow process tho, that means APC will need to rule for the next 10 years before they can fulfill their promise of 1naira=$1. |
Re: Nigeria Naira Appreciates To N364 Per Dollar In Parallel Market by emmyw(m): 7:50am On Jul 28, 2017 |
We just keep hearing the same thing daily, naira appreciates to N364, tomorrow, naira depreciates to N367 1 Like |
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