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Nairaland Forum / Nairaland / General / Politics / CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength (32086 Views)
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Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Ofunaofu: 7:29pm On Mar 25 |
seunmsg: I only asked a question seunmsg But it won't be bad if Tinubu can take it back to the rate PDP met it in 1999 3 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Lifemanage: 7:29pm On Mar 25 |
Since CBN started selling to BDCs before the rate began to fall. Meaning the banks are not the real market and they are not helping matters. They should sell to the BDCs then. 2 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by membranus: 7:31pm On Mar 25 |
OfficialP: Dollars is no more scarce in Nigeria, Nigeria external reserves has tremendously increased to $38bn, and still climbing. Because nobody is stealing them or granting favour with them anymore. 8 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Dshocker(m): 7:32pm On Mar 25 |
maasoap: How is that my problem? If over 200 million Nigerians are suffering, they should hold the government accountable for that. 1 Like |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by just2endowed: 7:33pm On Mar 25 |
Raylight2: That bank na criminal 2 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Treadway: 7:34pm On Mar 25 |
iLegendd:5-10 years too long...more like in 3-6months, except both refineries truly come on stream within the next 6 months I'm particularly waiting to see it touch below 1k so I can load up as much as I can for the next 'bull run', cos I'm not optimistic about those refineries one bit, not with all the falsehood. Dec 2023 they said, na March 2024 ending we dey so, we no see even refined palm oil comot from any of the two that were hyped as ready to go. 6 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Xammie001(m): 7:34pm On Mar 25 |
nonny1212:How did he inflict pain on you bro, look at this thing from a brighter side, the previous administrations are subsidizing currency that has no direct impact in our life but this man is rebuilding it to the best of his capacity and we are seeing result and you are saying this haba now be fair for once 4 Likes 1 Share |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Starz825(m): 7:34pm On Mar 25 |
dibunotion: I say pple wicked seh....no be only government oo I say.some Nigerians no mind make things continue to dey spoil ...as long as he no concern Dem. 1 Like |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Omoapena(m): 7:35pm On Mar 25 |
Before April ending, God should bring this thing to 700/$ 3 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Omoapena(m): 7:36pm On Mar 25 |
Easybet1: Keep it till it gets to 700/$ pls 2 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by seunowa(f): 7:36pm On Mar 25 |
keymatt:Pandora obirodent spotted 3 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by jaxxy(m): 7:36pm On Mar 25 |
Putindbutt: They are fixing the rates and telling Nigerians they are floating the naira. it will come out soon. 2 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by nedekid: 7:37pm On Mar 25 |
Easybet1:Last I bought was ₦460, 2022 October. If you bought it at that price, just keep it and know you have some dollars kept somewhere. You know with naija, there is always stories. 2 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by motionarena: 7:37pm On Mar 25 |
But why are greedy marketers yet to reduce price 4 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by khattab02: 7:37pm On Mar 25 |
I go siddon dey look👀👀👀 |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Xammie001(m): 7:37pm On Mar 25 |
keymatt: Now i see you are here to talk down on significant progress because you are a bad loser, before the government can bring down the food price in the market, the government must have control of the supply chain of the market just as they did to the dollar, and we need to plant and plant and plant so as to control the price in the market. 6 Likes 1 Share |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by bobbiiee: 7:38pm On Mar 25 |
This is my challenge. My sister was told that US visa application fee can't be piad for from dom account. Raylight2: |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by sukkot: 7:38pm On Mar 25 |
Easybet1:nna mehnnnnnn 👀 1 Like |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by OfficialP: 7:38pm On Mar 25 |
membranus: The main point is this... Is FG defending the naira or is naira appreciating 3 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by nedekid: 7:39pm On Mar 25 |
Omoapena:Abi 200. Miracle fit happen. 2 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Paraman: 7:39pm On Mar 25 |
erniok:naira will keep on strengthening against the US dollars. 1 Like |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by bolanto24(m): 7:39pm On Mar 25 |
adioolayi: I hope he does well I like the CBN Governor name. What does it mean sef? 1 Like |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by dfrost: 7:40pm On Mar 25 |
Why sell $ to BDCs? Why? 1 Like |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Xammie001(m): 7:40pm On Mar 25 |
mightyhazel: even the dollar value of last year isn't same this year, all currencies are losing values sir, so expecting it return back to 216 is just a vane dream, as at 2015 it was achievable due to excess crude account but now we are importing and our sales power is low. 4 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Xammie001(m): 7:41pm On Mar 25 |
Geovanni412: This is long term because it's the market that will determine the price and not a body that will now be paying subsidy again |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Biodun556(m): 7:42pm On Mar 25 |
Look4success: Cardozo himself said naira is undervalued 3 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Putindbutt: 7:42pm On Mar 25 |
jaxxy:Explain me how they are fixing the rates?, let me see if you passed through a school gate. 2 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Donaldoni: 7:42pm On Mar 25 |
@jmoore Have you sold your dollars already? |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Iyke1998(m): 7:43pm On Mar 25 |
Abeg how much is 1euro to naira now |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Xammie001(m): 7:43pm On Mar 25 |
what the government is doing to keep the dollar at a stable rate and to have enough dollar in the purse is by converting any dollar that enter into nigeria and give you naira instead of dollar erniok: 2 Likes |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Donaldoni: 7:44pm On Mar 25 |
Paraman: Wake up! When the refineries resume production, you speculators will nearly cry blood 5 Likes 1 Share |
Re: CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength by Biodun556(m): 7:45pm On Mar 25 |
Xammie001: The CBN governor makes sure that all bureau de are complying. Once dollars are available in the economy, no reason why there should be scarcity of dollars but some people in collaboration with binance, bureau de change hoard the dollars and inflate the price All our problem in Nigeria are man-made. 9 Likes |
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