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Nairaland Forum / Nairaland / General / Business / Exchange Rate Crashes To N983/$1 As Forex Traders Say There Is No Dollar To Sell (165 Views)
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Exchange Rate Crashes To N983/$1 As Forex Traders Say There Is No Dollar To Sell by ganisucks(f): 4:29pm On Sep 20, 2023 |
The exchange rate between the naira and the dollar plunged to a record low N983/$1 at the black market based on quotes received by Nairametrics on Wednesday as currency traders said there no dollar to sell https://nairametrics.com/2023/09/20/breaking-exchange-rate-crashes-to-n983-1-as-forex-traders-say-there-is-no-dollar-to-sell/ |
Re: Exchange Rate Crashes To N983/$1 As Forex Traders Say There Is No Dollar To Sell by Thundafireseun: 4:30pm On Sep 20, 2023 |
Re: Exchange Rate Crashes To N983/$1 As Forex Traders Say There Is No Dollar To Sell by ganisucks(f): 4:31pm On Sep 20, 2023 |
Tinubu will have four years. The Cabal will release the kraken on Nigerians to make sure he is evicted in four years time. But though it's their decision, I believe it's the wrong one. The ex lagos governor will not go quietly or gently into the night. |
Re: Exchange Rate Crashes To N983/$1 As Forex Traders Say There Is No Dollar To Sell by Racoon(m): 4:35pm On Sep 20, 2023 |
More shege and hardship promax loaded for forex- dependent businessmen/women or international travellers. The is just not it. The CBN and the balabloo-blu-bulava drug baron's economic think thank does not have any answer or solutiin to this financial crisis. |
Re: Exchange Rate Crashes To N983/$1 As Forex Traders Say There Is No Dollar To Sell by RepoMan007: 4:50pm On Sep 20, 2023 |
If Dangote's toy fires, no wahala, otherwise, there is fire on the mountain. Local fuel refining will reduce forex pressure and strengthen Naira. With that in place, imported fuel becomes cheaper and the govt has breathing space. Imported goods become cheaper and another round of importation galore is triggered. |
Re: Exchange Rate Crashes To N983/$1 As Forex Traders Say There Is No Dollar To Sell by RepoMan007: 4:54pm On Sep 20, 2023 |
Racoon:There is light at the end of the tunnel with Dangote about to roar but will corrupt Lagosians in the rock allow that happen? |
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