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Nairaland Forum / Nairaland / General / Business / Naira Continues Appreciation Against USD At Forex Market (45048 Views)
Naira Depreciates By N64 Against Dollar At FOREX Market / Naira Depreciation: USD Supply Drops By 42% At FOREX Market Despite Binance Exit / Naira Keeps Depreciating Against USD (2) (3) (4)
Re: Naira Continues Appreciation Against USD At Forex Market by bnanny: 9:08pm On Mar 16 |
What's Tinubu is doing now is not how to rule a country. You removed subsiding, floated our naira everything went up due to this later you revised everything back and started paying subsiding and peg the naira again. Why do what's you know nothing about? Africa politicians is just to loots and keep in Europe for white people to enjoy. Nothing upstairs. 1 Like |
Re: Naira Continues Appreciation Against USD At Forex Market by ElSudani: 9:13pm On Mar 16 |
Oh no! Why this migraine inducing news for the Obidients? |
Re: Naira Continues Appreciation Against USD At Forex Market by Growing(m): 9:16pm On Mar 16 |
This naira appreciation is not worthy of being appreciated given how much devaluation it has suffered compared to this six naira gain. |
Re: Naira Continues Appreciation Against USD At Forex Market by Joetiniand(m): 9:22pm On Mar 16 |
AmazingGenius: We will survive. We trust our Creator |
Re: Naira Continues Appreciation Against USD At Forex Market by Funkyswagzz(m): 9:24pm On Mar 16 |
jesmond3945: Exactly my thought but let's see if there strategy pay off. What I want is better country and floating the naira wasn't a better option 1 Like |
Re: Naira Continues Appreciation Against USD At Forex Market by olowolekan(m): 9:38pm On Mar 16 |
How on earth did you people call this appreciation ! This is completely unacceptable. . Until it crashes below #1,000 ,I won't applaud anything called appreciation 1 Like |
Re: Naira Continues Appreciation Against USD At Forex Market by ignis: 9:41pm On Mar 16 |
Appreciation at over 1600? |
Re: Naira Continues Appreciation Against USD At Forex Market by chidiokay: 9:44pm On Mar 16 |
Can they just STFU about these inconsequential appreciations ... why not wait till it makes significant appreciation before media jamboree |
Re: Naira Continues Appreciation Against USD At Forex Market by tenpipsperday: 9:50pm On Mar 16 |
Nigerians are fools and fools are very easy to manipulate, if you like call it govern. They have started appreciation already. Forgetting where this evil party met naira. 1 Like 1 Share |
Re: Naira Continues Appreciation Against USD At Forex Market by Trojan8(m): 9:51pm On Mar 16 |
jesmond3945: Dey play. Same CBN they pegged it at #1300, also sell at #1600. When the time is right, they would depeg it or allow it match market price. 1 Like |
Re: Naira Continues Appreciation Against USD At Forex Market by Chetas81(m): 9:54pm On Mar 16 |
IF YOU DO NOT HAVE VALUE PLS SHOW ME WHERE YOUR CURRENCY VALUE COMING FROM? |
Re: Naira Continues Appreciation Against USD At Forex Market by stagger: 10:01pm On Mar 16 |
JobZoneNews: Where have you been since 1986? Or from 1994 when a dual exchange rate system (N22 official and N88 parallel market) was introduced by Abacha when he brought CBN under the presidency? |
Re: Naira Continues Appreciation Against USD At Forex Market by Abuloma80(f): 10:06pm On Mar 16 |
I so hate seeing or reading about this Naira/Dollar issue. Because it's so painful to remember that at a time (during Jonathan Regime) it was $1 to N400 maximum. But now we are talking about N1,600-N2,000 to a Dollar! God forbid!!! Also around 1980s it was N1 to $1.25 or £2.5 l was using that to shop for my Babies at "Mother Care shop in London! So remembering these is hurtful. I so pity the up coming ones - how are they going to co-op with life. See the worsening condition of NEPA, Sky-Rocketing prices of every thing but with Salary or Income not increasing. So continue to pray to the Almighty God for improvement. Nothing is impossible with the Almighty. May there be a positive change to Nigeria's situation! 1 Like |
Re: Naira Continues Appreciation Against USD At Forex Market by Reeb2244: 10:24pm On Mar 16 |
kcprince:Is this one mad? You called 1k or 900 per dollar decent? You are one of the problems in this country. You accept any nonsense thrown at you. |
Re: Naira Continues Appreciation Against USD At Forex Market by nedekid: 10:31pm On Mar 16 |
Metcheew, what I open this post sef. Naira appreciates, you rush to check, it is 1650.45, now 1650.42 |
Re: Naira Continues Appreciation Against USD At Forex Market by chidooh1: 10:38pm On Mar 16 |
APC just used their garagara and lie lie spoil country, see now common food no way, people no get savings again 1 Like 1 Share |
Re: Naira Continues Appreciation Against USD At Forex Market by PHAYOL81: 10:39pm On Mar 16 |
Hoping it continues appreciation. Keep on pushing harder, Cardoso. |
Re: Naira Continues Appreciation Against USD At Forex Market by civilserva: 10:42pm On Mar 16 |
iichidodo: Do you think you can just use CFA without depositing billions of dollars to French vault? |
Re: Naira Continues Appreciation Against USD At Forex Market by civilserva: 10:44pm On Mar 16 |
Abuloma80: It was 218 naira to $1 |
Re: Naira Continues Appreciation Against USD At Forex Market by kcprince: 10:57pm On Mar 16 |
Reeb2244: Mind your words. Some of us are old enough to be your father. You find it hard to understand what I wrote and I don’t know why. Decent amount Means a reasonable drop 1 Like |
Re: Naira Continues Appreciation Against USD At Forex Market by sucess001(m): 10:57pm On Mar 16 |
Appreciate at 1610 Una drink kai. kai |
Re: Naira Continues Appreciation Against USD At Forex Market by Riskymarvelous(m): 11:26pm On Mar 16 |
kcprince:APC still a failure if dollar stay for 1k or 900 if the dollar can't come back to where Dey met it in 2015 everything about APC is unacceptable 1 Like 1 Share |
Re: Naira Continues Appreciation Against USD At Forex Market by Riskymarvelous(m): 11:27pm On Mar 16 |
Cindypresh:aswear 1 Like |
Re: Naira Continues Appreciation Against USD At Forex Market by Riskymarvelous(m): 11:28pm On Mar 16 |
JobZoneNews:in what way In dis tinubu and Akpabiobio regime? Dey play |
Re: Naira Continues Appreciation Against USD At Forex Market by Riskymarvelous(m): 11:29pm On Mar 16 |
HateBigots:no oo they are bunch of brooms |
Re: Naira Continues Appreciation Against USD At Forex Market by FuckingNaira: 11:55pm On Mar 16 |
kcprince:Lol. . . . It will go parabolic by then. I mean by ember months. |
Re: Naira Continues Appreciation Against USD At Forex Market by FuckingNaira: 11:56pm On Mar 16 |
jesmond3945:Smiles..... From 1,300 And e don jump from there down to 1,600 within 2wks interval. 1 Like |
Re: Naira Continues Appreciation Against USD At Forex Market by FuckingNaira: 11:59pm On Mar 16 |
peleson1:Not only naira is going down In fact all African currencies is going down Check Angola Kwanzaa Ghana cedis And many more. All are going down I this is the right time to adopt Bitcoin as legal currency 2 Likes |
Re: Naira Continues Appreciation Against USD At Forex Market by khattab02: 12:06am On Mar 17 |
Try and error economic! Have they really investigated what made that sudden surge in Jan and Feb? Na one chance we dey soo. Emilokan regime was never ready for the work at hand. |
Re: Naira Continues Appreciation Against USD At Forex Market by Konquest: 12:41am On Mar 17 |
AmazingGenius:The Naira ended last week on a positive note as it continued its appreciation against the US Dollar at the foreign exchange market. FMDQ data showed that the Naira appreciated to N1,602.75 on Friday from N1608.98 recorded on Thursday. This represents a N6.23 gain compared to the N1,608.98 recorded the previous day. The development comes despite the USD transactions plunged by 44.7 per cent to $137.43 million from $248.75 million on Thursday. At the parallel market, the Naira traded between N1,610 and 1,620 per USD. DAILY POST reports that all through last week, the Naira had settled at an average of N1,608 per USD. On Thursday, the Central Bank of Nigeria in a circular warned that commercial banks should desist from profiting through Naira revaluation. Recall that between June last year and March 15 2024, CBN had floated the Naira twice which saw the Country’s currency trading at N1,602.75 per USD from N460 in May 2023. |
Re: Naira Continues Appreciation Against USD At Forex Market by Pharaohny: 2:11am On Mar 17 |
Cindypresh: absolute Failure 1 Like |
Re: Naira Continues Appreciation Against USD At Forex Market by FireUpNow(m): 2:30am On Mar 17 |
jesmond3945: The dollars should be 500/$ is what I want it to be. |
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