Naira Crashes Further To N270 Per Dollar - Business - Nairaland
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Naira Crashes Further To N436/dollar / Naira "Strenghtens" To N270/Dollar At Parallel Market / Naira Situation Worsens, Falls To N270/$ (2) (3) (4)
| Naira Crashes Further To N270 Per Dollar by IamChuzzy(m): 6:57am On Dec 17, 2015 |
[img]http://1.bp..com/-aubfdryHECc/VnJElAhmNiI/AAAAAAAACrU/CVXqTAjstlI/s400/naira-Dollar.jpg[/img] The fall continues! While the official exchange rate has been retained by the Central Bank of Nigeria, CBN, at N197/ $1, the Naira crashed to N270 per dollar at the parallel market, yesterday. Market operators blamed the continued crash in Naira value at the parallel market on constrains in the supply of the foreign exchange resources coupled with speculations that official devaluation is becoming inevitable following steady decline in foreign reserves and dollar inflow from crude oil sales. excerpt from: http://www.vanguardngr.com/2015/12/senate-approves-mtef-as-oil-prices-naira-crash-further/ lalasticlala, ishilove |
| Re: Naira Crashes Further To N270 Per Dollar by IamChuzzy(m): 6:57am On Dec 17, 2015 |
 Bad news to some, but best news to others!  |
| Re: Naira Crashes Further To N270 Per Dollar by ORACLE1975(m): 7:00am On Dec 17, 2015 |
Bad news |
| Re: Naira Crashes Further To N270 Per Dollar by permsec: 7:00am On Dec 17, 2015 |
Keep crashing. |
| Re: Naira Crashes Further To N270 Per Dollar by Nobody: 7:01am On Dec 17, 2015 |
Naira will soon discover crude oil |
| Re: Naira Crashes Further To N270 Per Dollar by Nobody: 7:05am On Dec 17, 2015 |
 ... |
| Re: Naira Crashes Further To N270 Per Dollar by OKKO(m): 7:12am On Dec 17, 2015 |
Later somebody will come and call PDP, but it is bad economic policies, weak and unpredictable economic direction, political vendetta, deliberate clamp down on investor's interest, hacking of BDC operators, delay in cabinet formation, poorly qualified cabinet members and CBN boss and ultimately reduction in crude oil price in a mono-oil-economy. Honestly there is nothing somebody can do right now...but if Nigeria would be sincere enough we should put aside PARTISAN politics and dig out our best brians home and abroad to come and brain storm and turn things around for good. The caliber of ppl in Govt. presently are too slow and insincere to deliver the goods. If this suggestion fails, the masses should troop out and reclaim their mandate through REVOLUTION; most great nations had It. |
| Re: Naira Crashes Further To N270 Per Dollar by tammie24: 7:14am On Dec 17, 2015 |
And Buhari is busy sipping fura de nono in aso rock, jetting all over the world |
| Re: Naira Crashes Further To N270 Per Dollar by femmykenny: 7:15am On Dec 17, 2015 |
Getting bad |
| Re: Naira Crashes Further To N270 Per Dollar by kossyablaze(m): 7:17am On Dec 17, 2015 |
Buhari oooooooo!U r forcing me to become a Wailer ooooo! |
| Re: Naira Crashes Further To N270 Per Dollar by rozayx5(m): 7:25am On Dec 17, 2015 |
its just CHANGE  |
| Re: Naira Crashes Further To N270 Per Dollar by IamChuzzy(m): 7:54am On Dec 17, 2015 |
rozayx5: The funny thing is that Nigerians were promised "Change", but what we failed to ask is "what kind of change" So actually it is change! |
| Re: Naira Crashes Further To N270 Per Dollar by dav8id(m): 7:58am On Dec 17, 2015 |
IamChuzzy: Bro you no see the change yet? na change we dey see nah... change can be for good or bad. We Nigerian failed to ask what type of change are e gooing to get during Baba change campaign
|
| Re: Naira Crashes Further To N270 Per Dollar by IamChuzzy(m): 8:41am On Dec 17, 2015 |
lalasticlala |
| Re: Naira Crashes Further To N270 Per Dollar by Pavore9: 9:18am On Dec 17, 2015 |
It is getting crazy! |
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