Naira Set To Appreciate As CBN MPC Retains Rates - Business - Nairaland
Nairaland Forum / Nairaland / General / Business / Naira Set To Appreciate As CBN MPC Retains Rates (677 Views)
Naira Dramatically Recovers To N405/$1 After MPC Decisions / Naira To Appreciate As CBN Issues Licence To New Intn.l Money Transfer Operators / Fear Over MPC Outcome Fuels Naira Appreciation (2) (3) (4)
| Naira Set To Appreciate As CBN MPC Retains Rates by Buharifan: 11:34am On Jul 25, 2015 |
The naira is set to appreciate as the monetary policy commitee of the CBN retains all prevailing rates of interest and CRR. |
| Re: Naira Set To Appreciate As CBN MPC Retains Rates by Odionastron: 11:55am On Jul 25, 2015 |
Yyyeeessss... FTC |
| Re: Naira Set To Appreciate As CBN MPC Retains Rates by spicykev(f): 12:00pm On Jul 25, 2015 |
@ odion be careful ooo, took my space ...kindly gimme back |
| Re: Naira Set To Appreciate As CBN MPC Retains Rates by grandstar(m): 4:27pm On Jul 25, 2015 |
The rate is too h igh. At 12%, it's virtually killing business. Diamond has shocked shareholders with a decline in profits because of bad loans. The rate should not be more than 4%. Nigeria's budget deficit is not even up to 2%. |
| Re: Naira Set To Appreciate As CBN MPC Retains Rates by sholatech(m): 9:34pm On Jul 25, 2015 |
I don't seem to understand. What will make Naira to appreciate with all fundamentals remaining the same? 1 Like |
| Re: Naira Set To Appreciate As CBN MPC Retains Rates by mimima(f): 10:24pm On Jul 25, 2015 |
what kind of appreciation?when there is so much pressure on the economy. |
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