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Nairaland Forum / Nairaland / General / Business / Naira is Worst Performing Currency In Africa In 2016-The Economist (17309 Views)
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Naira is Worst Performing Currency In Africa In 2016-The Economist by LordVarys: 6:36pm On Sep 04, 2016 |
SOMETIMES the worst is not bad enough. Or such is the case for Nigeria’s currency, which nosedived by 30% when the central bank first removed its peg to the dollar on June 20th. The naira is now this year’s poorest-performing currency in Africa. Internationally, only the currencies of Venezuela and tiny Suriname have fared worse. Yet were it truly free, it would be weaker still. http://www.economist.com/news/middle-east-and-africa/21702474-new-floating-exchange-rate-was-fixed-may-be-changing-if-you-love-it?fsrc=scn/tw/te/pe/ed/ifyouloveit 1 Like
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Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by recievesense: 6:38pm On Sep 04, 2016 |
Hahahahahahahahha buhari is the best performing president. Zombies na lie in dey lie? And GEJ is the cause. Wailers over to u 109 Likes 7 Shares |
Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by kelvyn7: 6:48pm On Sep 04, 2016 |
OMG! 3 Likes |
Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by cliquevibes(m): 6:51pm On Sep 04, 2016 |
Nw dey will say it jonathans fault... Buhari is Incompetent to serve as a Local Govt chairman... 108 Likes 7 Shares |
Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by jmichlins(m): 6:56pm On Sep 04, 2016 |
you mean it's performing worse than the zimbabwean dollar. Who will be blamed now 38 Likes 3 Shares |
Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by Nobody: 6:57pm On Sep 04, 2016 |
Why fixing the economy is a rocket science for Kemi and Emefiele is just beyond me. Any sound final year economics student can even do a better job than these two. 38 Likes |
Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by agarawu23(m): 7:02pm On Sep 04, 2016 |
We dont need a soothsayer to tell us 14 Likes 1 Share |
Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by scaramenga: 7:14pm On Sep 04, 2016 |
Ehen? Zimbabwean dollar don rise
Abeg I dey curious 44 Likes 3 Shares
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Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by Bookiemart01(f): 7:41pm On Sep 04, 2016 |
Every person in the world knows this LordVarys: 3 Likes |
Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by sheyguy: 8:03pm On Sep 04, 2016 |
No surprises. 9 Likes |
Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by LordVarys: 8:45pm On Sep 04, 2016 |
. |
Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by Folksyharry(m): 2:49am On Sep 05, 2016 |
I'm tired of hearing sad news about our economy. PMB and his team need to start giving us positive results. The hardship in the country is too much. 7 Likes |
Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by Nobody: 7:15am On Sep 05, 2016 |
It is well... Abeg who get second hand subscription to sell.. my sub done finish.... 3 Likes 1 Share |
Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by Nobody: 7:18am On Sep 05, 2016 |
A man woke up and shouted "HolyGhostFire!! "Wife: what is it, was lion chasing you?. Man: that would have been better. Wife: what is it then Man: I nearly voted Buhari again in my dream Wife: Blood of Jesus! Honey, lets pray. 101 Likes 4 Shares |
Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by Pavore9: 7:25am On Sep 05, 2016 |
It has really lost value! 1 Kenyan shilling is equal to N4.20 and we still dey form boss! 19 Likes 1 Share |
Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by LordVarys: 1:08pm On Sep 06, 2016 |
lalasticlala frontpage since |
Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by OCTAVO: 1:52pm On Sep 06, 2016 |
Hmmmmm... It is well o. |
Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by x6blade(m): 2:54pm On Sep 06, 2016 |
Ahan!!!! Only in Africa. ,m so dissapointed in the op. Even the Milky Way galaxy knows Naira is the worst this year 14 Likes 2 Shares |
Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by herzern(m): 2:55pm On Sep 06, 2016 |
Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by nkowaputa(m): 2:55pm On Sep 06, 2016 |
All I can do is cry. I saw it. I knew a certificate less old man Buhari will b a disaster to Nigeria. But no one would listen. I can't even complain cause I'll be causing myself more pain. 12 Likes 1 Share |
Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by ALAYORMII: 2:55pm On Sep 06, 2016 |
Nigeria |
Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by thundabot(f): 2:55pm On Sep 06, 2016 |
APC FOLLOW ON INSTAGRAM @THUNDABOT 2 Likes |
Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by atirolu(m): 2:55pm On Sep 06, 2016 |
PMB is the worst performing president in Africa also wot do u expect ? 28 Likes 2 Shares |
Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by Nobody: 2:55pm On Sep 06, 2016 |
Please tell us something we don't know, like maybe when 200 naira = 1 dollar for a start 5 Likes |
Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by Fataiwo(m): 2:56pm On Sep 06, 2016 |
Nigeria don wear new flesh entirely... Na record anyway.. 5 Likes |
Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by emmabest2000(m): 2:56pm On Sep 06, 2016 |
Keep the faith ... Naira will rise sooner or later 3 Likes
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Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by Mopolchi: 2:56pm On Sep 06, 2016 |
LordVarys:Okuku na ewu ma nkea. O doro onye obula anya. 1 Like |
Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by Emeka71(m): 2:56pm On Sep 06, 2016 |
Let me just be waiting until when a dollar shall cost N5 or even less; maybe change is still possible. |
Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by MadeInTokyo: 2:56pm On Sep 06, 2016 |
Buhari see ur life Buhari is the Worst Performing President in the World -- United Nation 32 Likes 2 Shares
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Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by Nobody: 2:56pm On Sep 06, 2016 |
Buhari has finally finished us... 17 Likes 1 Share
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Re: Naira is Worst Performing Currency In Africa In 2016-The Economist by manutdrichie(m): 2:57pm On Sep 06, 2016 |
Our prayer now is that he should even take us back to May 29, 2015 21 Likes 2 Shares |
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