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Nairaland Forum / Nairaland / General / Politics / CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength (32069 Views)
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Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Geovanni412(m): 6:49pm On Mar 25 |
Look4success: Very short term but commendable He is doing more than Buhari did 9 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by erniok(m): 6:49pm On Mar 25 |
Look4success:Seems like short term plan as we don't have export capacity to earn fx to support this but it's a very welcome development. 2 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by keymatt(m): 6:50pm On Mar 25 |
Easybet1:How much was the dollar to naira when APC (All Political Criminals) stole power in 2015 8 Likes 2 Shares |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by DARLINGTON869(m): 6:50pm On Mar 25 |
If una like, no sell una dollar. 1 Like |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by RealTrump: 6:50pm On Mar 25 |
Oya |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by aloziedaya(m): 6:50pm On Mar 25 |
Jflex07: Which N700? We want it at the rate APC met it 8 Likes 1 Share |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Jflex07(m): 6:52pm On Mar 25 |
aloziedaya:At least 700 bro. This APC I know cannot bring that to the rate at which they met it. 2 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by chopnaira: 6:52pm On Mar 25 |
Omo..hoarders are losing money as the naira is gradually settling to it's real value without subsidy. Make una continue holding on to the dollar una hear. Obidients predicting 2000 to $1 have all gone mute. 23 Likes 1 Share |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Skyehigher1: 6:53pm On Mar 25 |
Congratulations to Nigerians if this template is going on like this week in week out I think by July dollars is going to be 600 or 500 to naira and with direct payments from nnpcl to CBN naira would be bound back before the end of this year naira is going to be 300 to dollars inshallah with this steadily continuing 24 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by xtimconsult(m): 6:54pm On Mar 25 |
Lance008: Dey joke... Paid commentator... How much was Naira when baba said subsidy is gon... The only way his re-election is sure is of he settle with the North before election... 1 Like 1 Share |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by BondRiv: 6:54pm On Mar 25 |
Naira must rise. 2 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by hslbroker2(m): 6:55pm On Mar 25 |
Ok, meanwhile check my signature.w |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Xenry: 6:55pm On Mar 25 |
It will reach 2k this year. Don't trust Nigeria's economic, they will fvck everything up at last. Nigerian government is the last you should trust. Naira will deep a little and go back to it's destination. That's how other crypto coins do. In dollars we stand, in naira we fall! 8 Likes 3 Shares |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by worksmart(m): 6:56pm On Mar 25 |
But remember the BDCs have already been forbidden from buying dollar at more than N1,400 so it's just eye-service that is unsustainable. 4 Likes 3 Shares |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by xtimconsult(m): 6:56pm On Mar 25 |
chopnaira:... Wait till July... The loan they collected is still much available... 9 Likes 1 Share |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Raylight2(m): 6:58pm On Mar 25 |
nairavsdollars: They're gradually reducing it. The first time, it was sold for #1300. Now below that. Hopefully, the next phase would be very near 1k 7 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Raylight2(m): 6:59pm On Mar 25 |
My problem be say even with the appreciation, GTB no gree reduce US VISA Fee from #1800/dollar 7 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by xtimconsult(m): 7:00pm On Mar 25 |
Easybet1: Go long... Hold leave the game The government is playing... You want your currency to be strong but you not producing and encouraging entrepreneur... Lol... 4 Likes 1 Share |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by seguno2: 7:00pm On Mar 25 |
Jflex07: Is this not more than 3 times the N230 rate that APC complained about before they were elected in 2015 4 Likes 3 Shares |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by xexofe1741(m): 7:01pm On Mar 25 |
nairavsdollars:they will keep adjusting the price. It was sold at 1300 before now 1251 2 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by INTEGRITYA1(m): 7:02pm On Mar 25 |
Getting better |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by udemzyudex(m): 7:03pm On Mar 25 |
Let me know when it gets to #500. |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by iLegendd(m): 7:03pm On Mar 25 |
As long as Nigerian politicians are forever corrupt and their measures are always temporary, I'll never convert my Dollar to Naira except I'm using it immediately. Apart from that, it's either in BTC or in Dollar, Pounds, or Euro. No going back. I can't Funnily, smart people will use this opportunity to convert more Naira to Dollar because they know the highest it will take is 5-10 years and we'll be in another crisis. 12 Likes 3 Shares |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by livinbygrace: 7:03pm On Mar 25 |
Easybet1: No,keep it till next year 4 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by seunowa(f): 7:05pm On Mar 25 |
keymatt:The question should be how much was naira to dollar before pdp,( poverty development party) was selected by Abdulsalam in 1999? 16 Likes 1 Share |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Anunakeeh: 7:06pm On Mar 25 |
treesun: They are through with exchanging their loots to dollar at the moment. It will still rise again when you all have relaxed. 3 Likes 1 Share |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by ThatFairGuy1: 7:06pm On Mar 25 |
Not yet. Just observe more Easybet1: |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by olumideinfo: 7:06pm On Mar 25 |
Dollar is not our currency, if you love yourself, sell it NOW....... NAIRA will continue to appreciate until it gets to USD1 -NGN80.00 THIS IS NOT YOUR USUAL government. Tinubu will shock you all. Asking you to sell is to your advantage. My fair is not that Tinubu will FAIL. My fair is that after Tinubu have done so much just like Obasanjo, another Aboki will come and scatter all the effort made. THE HATERS OF NIGERIA especially those badmouthing her in the committee of nations and those using social media will be shame this time. GOD BLESS MY BELOVED COUNTRY. Bad people in a GREAT NATION. 19 Likes 2 Shares |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by mariahAngel(f): 7:06pm On Mar 25 |
When it finally gets to where Buhari left it, then we can start the conversation from there. Until then... 🙄 |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Anunakeeh: 7:07pm On Mar 25 |
olumideinfo: Dollar will exchange for N0.001 to 1$ soon. 3 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by tnerro1(m): 7:07pm On Mar 25 |
Easybet1: Wait for election cycle, the people that love to bribe delegates with dollars will come looking for you. As long as EFCC can’t track and investigate campaign financing, this dollars will go up and down . 3 Likes 1 Share |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by RepoMan007: 7:08pm On Mar 25 |
As it goes down, expect import to increase again and the govt to be short of dollar to meet supply once more. Vicious cycle. 2 Likes 1 Share |
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