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Naira Slides Further, Exchanges At N307 To 1 Dollar - Politics - Nairaland

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Naira Slides To N506 Against Dollar On Parallel Market / Nigeria’s Oil Output Rises To 1.6mbpd / 1 Dollar = 1 Naira: Buhari Approves An Exchange Rate Of N160 To $1 (2) (3) (4)

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Naira Slides Further, Exchanges At N307 To 1 Dollar by nigerianvenom(m): 5:19pm On Feb 03, 2016
The Naira on Wednesday depreciated by 0.7 per cent at the parallel market, following the last minute payment of tuition fees abroad. The naira lost N2 to exchange at N307 to a dollar against N305 traded on Tuesday.

The Naira had relatively remained stable in the past weeks. However, the naira closed at N197 to a dollar at the CBN’s official rate. Traders at the market expressed optimism that the proposed intervention of the apex bank by selling foreign exchange to the commercial banks would shore up the naira.

Some parents, who spoke on condition of anonymity, said that it was stressful sourcing dollars to pay school fees of their children abroad. They urged the Federal Government to ensure easy access to dollars for legitimate needs.

http://www.vanguardngr.com/2016/02/naira-slides-further-exchanges-at-n307-to-1-dollar/
Re: Naira Slides Further, Exchanges At N307 To 1 Dollar by nigerianvenom(m): 5:23pm On Feb 03, 2016
In time like this,all i do is weep for this nation which fews months back was the largest economy in africa.
Which few months back dollar went for just 170 naira and pms was less than a 100box per liter.

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Re: Naira Slides Further, Exchanges At N307 To 1 Dollar by Iykestix: 5:27pm On Feb 03, 2016
naija which way na, i think as at early last year it was 165 now 310 almost double its price.

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Re: Naira Slides Further, Exchanges At N307 To 1 Dollar by kcwise(m): 5:54pm On Feb 03, 2016
The way this dollar d fall...hehehehe, e fit hit oil ooo
Re: Naira Slides Further, Exchanges At N307 To 1 Dollar by Karlovich: 6:03pm On Feb 03, 2016
This is what buhari and his change agents are causing. The dullard of dull street

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Re: Naira Slides Further, Exchanges At N307 To 1 Dollar by grandstar(m): 10:13pm On Feb 03, 2016
The dollar will touch 400 year ending if he refused to devalue and this expansionary budget is passed. The economy is finished

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Re: Naira Slides Further, Exchanges At N307 To 1 Dollar by Flexherbal(m): 10:34pm On Feb 03, 2016
More exportation of my herbal product.

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