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Nairaland Forum / Nairaland / General / Business / Naira Plunges At Interbank Market (19978 Views)
Naira Plunges To N472/$ As Forex Scarcity Worsens / Naira Plunges To N390 Per Dollar On Parallel Market / Speculators Lose N100m As CBN Pumps Dollars Into Interbank (2) (3) (4)
Re: Naira Plunges At Interbank Market by elitejosef: 7:28am On Nov 08, 2016 |
Let's try and ignore these people in the helm of affairs and run our Life's our selfs o. If not we're in for a Long thing |
Re: Naira Plunges At Interbank Market by akilo1: 7:29am On Nov 08, 2016 |
change is here,sài baba |
Re: Naira Plunges At Interbank Market by elitejosef: 7:33am On Nov 08, 2016 |
deebrain: Face reality |
Re: Naira Plunges At Interbank Market by CandyDiamond(f): 7:42am On Nov 08, 2016 |
Which kind of country operate three different rate for one currency, and masses rate of black market control the market forces |
Re: Naira Plunges At Interbank Market by Truth234(m): 7:44am On Nov 08, 2016 |
Adesiji77: That is a lot of improvement, to go from the current N470/$ to N350/$ at the parallel market, means Interbank market rate would have adjusted to about N240/$, with BDC rate at around N280/$. That is a lot of liquidity. |
Re: Naira Plunges At Interbank Market by Almand: 7:44am On Nov 08, 2016 |
When you have a lot of zombies cheering ur every stupid moves. When you constantly push anti PDP rhetorics and Jonathan is bad propaganda instead of facing governance. When you are confused and can not tell you left from you right. When u have a very fake pastor as a VP. when have lie Muhammad lying as if his life depends on it. You get this kind of situation Nigeria is right now |
Re: Naira Plunges At Interbank Market by Saintp(m): 8:08am On Nov 08, 2016 |
soletar: You guys should stop disturbing us with who love or hate buhari it doesn't change anything. If I hate or love Buhari from now till the kingdom come, will it affect the value of the naira? You guys should be interested in PMB doing the job he is being paid to do than looking who hates or love, that is stupid thinking. 1 Like |
Re: Naira Plunges At Interbank Market by TruthHurts1(m): 8:12am On Nov 08, 2016 |
princepet: That's probably because the government doesn't have an economic agenda. |
Re: Naira Plunges At Interbank Market by InvertedHammer: 8:14am On Nov 08, 2016 |
/ Buhari needs to go. Fighting corruption and growing/diversifying the economy should be done simultaneously. A serious and patriotic National Assembly would have commenced impeachment proceedings a long time ago. \ |
Re: Naira Plunges At Interbank Market by Firefire(m): 8:18am On Nov 08, 2016 |
onatisi: We warned the ediots who voted him that the dullard is not fit to rule in the 21st century, they refused to listen. How I wish we can isolate them for the upcoming suffering. 1 Like |
Re: Naira Plunges At Interbank Market by Femsmart(m): 8:34am On Nov 08, 2016 |
soletar: Come and teach me how to earn in dollars too... I cannot come and die jare in this recession. PM sent. |
Re: Naira Plunges At Interbank Market by COMPAQ(m): 8:38am On Nov 08, 2016 |
The truth if the matter is that there is little this or any other government could have done. We as individuals and as a nation are the architects of our problems. If we only have mainly a single export product and the price falls from $100 to $40 and production falls from 2mln barrels to 900k barrels for a considerable part of the year, what do we expect to happen? Considering that as individuals too everything around us in imported! Think about it! from cars to TV to phones, ac, printing paper, rice, tomato paste, our jeans, shoes, shirts, boxers... even toothpick!! And this is where the government over the years is our primary problem as they have failed to to invest in infrastructure, put business friendly policies in place, fight corruption incompetence and nepotism, save for the future, provide quality education etc. Imagine that now skins in Nigeria are so bad people would rather get tilers and Pop guys from togo and Benin Republic!! This country is in a crisis and the political class are all just looking for what they can get out of the system and not devoting any real time to putting a solid foundation in place. We are largely an incompetent nation. Give any guy to do a job for you and you spend all the time arguing about the quality of the job and that's if he doesn't abandon in and run away mid way. |
Re: Naira Plunges At Interbank Market by ISTANDWITHBUHAR: 9:00am On Nov 08, 2016 |
okosodo: I never remember Nigeria has started printing dollars now and PMB decide the fix rate for it. I don't have any business with dollars for now. |
Re: Naira Plunges At Interbank Market by chigoizie7(m): 9:10am On Nov 08, 2016 |
After all, our presidoo wanted to abscond the moment he learnt about his winning. I don't care to know his reasons for wanting to abscond. Hpoeless people. |
Re: Naira Plunges At Interbank Market by Nobody: 9:12am On Nov 08, 2016 |
Saintp: Thank you for illustrating my point about low IQs..... Since you are such a SMART thinker, how do you propose to halt the Naira decline? Am sure you can help other OPEC countries too, Mr Superman |
Re: Naira Plunges At Interbank Market by pheesayor(m): 10:10am On Nov 08, 2016 |
this is different from what is obtained. Yesterday at broad street in Lagos I wanted to change dollars I was told 458, I said 460 but they refused. This morning at Sabo I got a shocker, it had dropped to 440 and the aboki said it is bound to drop further as BDC operators suspected to be hoarding dollars have been arrested and taken to Abuja. Truth234: |
Re: Naira Plunges At Interbank Market by deebrain(m): 12:11pm On Nov 08, 2016 |
onatisi: Thanks for the sermon. However I HAVE SAID WHAT I SAID. Deal with it. |
Re: Naira Plunges At Interbank Market by deebrain(m): 12:13pm On Nov 08, 2016 |
elitejosef: Yes. It's the reality of the fact that it is what I believe and declare that I would see. |
Re: Naira Plunges At Interbank Market by abuhazzan(m): 11:39am On Mar 13, 2018 |
onatisi:Am with u |
Re: Naira Plunges At Interbank Market by onatisi(m): 11:43am On Mar 13, 2018 |
abuhazzan:ok |
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