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Nairaland Forum / Nairaland / General / Business / Naira Depreciates To N1,540/$ In Parallel Market (7488 Views)
Naira Depreciates To N1,305/$ In Parallel Market / Naira Depreciates To ₦1,300/$ In Official Market / Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens (2) (3) (4)
Naira Depreciates To N1,540/$ In Parallel Market by ogododo: 8:03am On May 17 |
The Naira yesterday depreciated in the parallel market to N1,540 per dollar from N1,530 per dollar on Wednesday. https://www.vanguardngr.com/2024/05/naira-depreciates-to-n1540-in-parallel-market/ 4 Likes
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Re: Naira Depreciates To N1,540/$ In Parallel Market by Beautifulday: 8:05am On May 17 |
So the real price is within 1500? Because that has been where it has been hovering for awhile now? 9 Likes 1 Share |
Re: Naira Depreciates To N1,540/$ In Parallel Market by BossGerald: 8:05am On May 17 |
BATerians where Una dey Unfortunate lovers of Nigeria that keep supporting failures to rule them. 72 Likes 5 Shares |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Righthussle: 8:36am On May 17 |
Make una continue to dey chase shadows instead of doing the write things. Dangote go get refinery for Nigeria, him go exchange naira to dollars carry go America go buy crude oil to refine for Nigeria. Una dey worry crypto exchanges upandan. Make una kuku ban smart phone and computers make we rest. That's how they were chasing shadows too between 1985 to 1989 when naira went from #0.8 for 1$ to #7.39 for 1$. Were crypto exchanges in existence then ? 1985 $1 = N0.894 (N1.70 Black Market Rate) 1986 $1 = N2.02 (N3.90 Black Market Rate) 1987 $1 = N4.02 (N5.90 Black Market Rate) 1988 $1 = N4.54 (N6.70 Black Market Rate) 1989 $1 = N7.39 (N10.70 Black Market Rate) 16 Likes 2 Shares |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Timoleon(m): 9:45am On May 17 |
Free fall. 7 Likes |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Aleister(m): 9:46am On May 17 |
Tinubu is showing you guys why he is a first class accounting graduate. He is handling the economy…so no cause for alarm. 61 Likes 2 Shares |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Sigexanomgo: 9:46am On May 17 |
This updates don dey remind me of Covid 19 daily updates oh 39 Likes 2 Shares |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Rebuke: 9:46am On May 17 |
Hmmm. So, who next to be chased by EFCC now? 25 Likes |
Re: Naira Depreciates To N1,540/$ In Parallel Market by SyrusdeHansome(m): 9:47am On May 17 |
Let's raise our hands to praise baba God while we begin with the song; "e go favour me and my family." Baba go slow leave baba bulaba enter e go favour me and my family. Whether baba lick mic or baba tif money e go still favour me and my family Baba bullion van don move fuel from #200 to #850 e go still favour me and my family Baba get certificate or baba fake certificate e go still favour me and my family Baba move naira From #500 to#1500 per $ e go still favour me and my family Baba sabi economics or baba no sabi e go favour me and my family. Amennnnnnnnnnn Amennnnnnnnnnn. Thank you. 31 Likes |
Re: Naira Depreciates To N1,540/$ In Parallel Market by 89green: 9:47am On May 17 |
op you are wicked Dollar too is wicked. Naira should be allowed to breathe na. My APC people, pls don't forget your discount card at home o. 35 Likes |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Emyzoloye5(m): 9:47am On May 17 |
Na statistics we go chop Quote from a mentally deranged (fake) accountant 40 Likes 1 Share |
Re: Naira Depreciates To N1,540/$ In Parallel Market by morikee: 9:47am On May 17 |
Make them Ban smartphone 3 Likes |
Re: Naira Depreciates To N1,540/$ In Parallel Market by zombieHUNTER: 9:47am On May 17 |
Any supporter of Tinubu is a certified brain dead tribalist and an enemy of this country.. Tinubu has nothing to offer Nigeria Never have we experienced an inflation rate of 33% in this country for decades.. 32 Likes 1 Share |
Re: Naira Depreciates To N1,540/$ In Parallel Market by oz4real83(m): 9:47am On May 17 |
Apart from banning everything, what tangible and meaning action has the govt taken to increase the value of the naira? Zero zero zero. Value of currency increases with meaning economy activities, these meaning activities are non-existent here, we still import even tooth picks, our president still patronises foreign healthcare, our refineries still don't work, we still depend on generators to power the already poor economy, we still subsidize hajj even when the economy is bleeding 16 Likes |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Bullfallo(m): 9:48am On May 17 |
Lol. Dangote refinery will crash dollar. Where are they? Propaganda and assumptions can’t bring dollar down. America or world bank can never help you against the dollar. Anything they would do is further devalued your currency and destroy your economy that is what they want. They pressure buhari to further devalued the naira. Tinubu is a baby in politics and economy. He was only opportune to put lagos in his pockets. But surely he have no idea how an economy is been run. the way he removed subsidy shows he wasn’t intelligent enough 22 Likes |
Re: Naira Depreciates To N1,540/$ In Parallel Market by emmanuelbrown26: 9:48am On May 17 |
Dis is goodnews to those wey Sabi xup, if I Wan withdraw my trade now na better profit I dey see so. Thanks to baba tinubu 6 Likes |
Re: Naira Depreciates To N1,540/$ In Parallel Market by CodeTemplar: 9:48am On May 17 |
Part of the consequences of floating. 4 Likes |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Almunjid(m): 9:48am On May 17 |
Obidiōts (the frenemies of Nigeria) are happy with this latest bad news about Nigeria. |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Brandosky: 9:48am On May 17 |
Righthussle:Wow !! These are the creatures am sharing a country with |
Re: Naira Depreciates To N1,540/$ In Parallel Market by illuminutty: 9:48am On May 17 |
We told them... 7 Likes |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Gbadugbakun(m): 9:48am On May 17 |
1 Like |
Re: Naira Depreciates To N1,540/$ In Parallel Market by zuxstine: 9:49am On May 17 |
Okay when is the next increase 1 Like |
Re: Naira Depreciates To N1,540/$ In Parallel Market by atobs4real(m): 9:49am On May 17 |
WONTIN TELE NAIRA. WITCHES AND WIZARD DEY FOLLOW NAIRA 1 Like |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Jez9(m): 9:49am On May 17 |
Bring this thing back to at least 700 |
Re: Naira Depreciates To N1,540/$ In Parallel Market by bnanny: 9:50am On May 17 |
Every sector of Nigeria is been mismanaged. Failure to lead right is a black government thing. Naira free fall doesn't surprise me. My prediction for naira, soon 1$ to 10,000# naira because our currency is more volatile than crypto. 8 Likes |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Originalsly: 9:50am On May 17 |
There is nothing to support the Naira.... will appreciate again if the FG prop it up with billions .... otherwise .... it will continue to sink. 1 Like |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Horbar1: 9:50am On May 17 |
Nigeria needs prayer sincerely. 4 Likes |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Godada(m): 9:51am On May 17 |
Re: Naira Depreciates To N1,540/$ In Parallel Market by emmanuelbrown26: 9:53am On May 17 |
Almunjid:Yes ohhhhh. Dey their mak cloths dey wear u. I funded an account when it was 980, now I can laugh in peace with better profit for my trading account 4 Likes |
Re: Naira Depreciates To N1,540/$ In Parallel Market by iCauseTrouble: 9:53am On May 17 |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Brandosky: 9:53am On May 17 |
Almunjid:So this is actually a bad news. |
Re: Naira Depreciates To N1,540/$ In Parallel Market by omoredia: 9:54am On May 17 |
We can see that the problem of Nigeria are the so called educated people that actually don't know anything 9 Likes |
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