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Nairaland Forum / Nairaland / General / Business / Bureaux De Change At Risk As Naira Gains More Muscle (33792 Views)
Naira Gains, Dollar Crashes At Parallel Market / NAIRA WATCH: Panic Grips Forex Dealers As Naira Rises To N385/$ / As Naira Gains, Neighbouring Countries Ease Rush For Nigerian Goods (2) (3) (4)
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Re: Bureaux De Change At Risk As Naira Gains More Muscle by Caleycash(m): 7:31am On Mar 27, 2017 |
Very good, they're all Sons of bitches!! |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by helphelp: 7:31am On Mar 27, 2017 |
odiks: Idiots BDCs... When the going was good and we were at the receiving end, we didn't cry wolf... Enjoy your losses, like we did in the past 7 Likes |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by pat077: 7:33am On Mar 27, 2017 |
thier lost, our gain... .. |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by SmartchoicesNG: 7:34am On Mar 27, 2017 |
Now I can take mimzyy on that overdue carribean trip 1 Like |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by speaktome(m): 7:34am On Mar 27, 2017 |
Time to womit all they have swallowed!!! Nonsense!!! #MySignatureMyBusiness 1 Like
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Re: Bureaux De Change At Risk As Naira Gains More Muscle by Rebuke: 7:36am On Mar 27, 2017 |
Me like dis news dis morning o. I beg let the trend continue till it reaches N200 or 250 per 1$. Free those abokis, I beg make dem go dey enjoy d one wey dem don gather from the hoarding over the yearz. 1 Like |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by yahmohy27: 7:37am On Mar 27, 2017 |
God bless President Muhammad Buhari God bless The Republic Of Nigeria 3 Likes 1 Share |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by Folksyharry(m): 7:39am On Mar 27, 2017 |
The table has turned and they are now complaining. TBH I did not think we will be able experience this kind of improvement within a short period like this. I hope they are able to sustain this intervention. 2 Likes |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by otokx(m): 7:39am On Mar 27, 2017 |
Let us hope it can hit 199 and below by end of May. 5 Likes |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by jericco1(m): 7:40am On Mar 27, 2017 |
I don't feel disturbed, and if and only if there should harmonization of any kind, then it should be when the exchange rate is below 200. |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by Nobody: 7:43am On Mar 27, 2017 |
madridguy:even for dream i dey comment and quote. |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by dallyemmy: 7:43am On Mar 27, 2017 |
Most times Nigerian situations defy what you see in textbooks... jericco1: 1 Like 1 Share |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by wristbangle: 7:44am On Mar 27, 2017 |
modath: Lol speaking in parables but I understand what you mean. Time will tell 2 Likes |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by Okuda(m): 7:46am On Mar 27, 2017 |
Lol bdc is asking fr level playing ground now. But they dictated the shots all through up till feb when things changed |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by Originalsly: 7:47am On Mar 27, 2017 |
Headache for the BDCs....as they watch the millions upon millions of hoarded foreign currencies lose value instead of bringing them fortunes.If they sell now... they'll suffer a loss.if they sell later... they'll suffer a bigger loss. Their aim now is to weaken the naira. 1 Like 1 Share |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by onlyTheTruth(m): 7:48am On Mar 27, 2017 |
omenkaLives: 5 Likes
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Re: Bureaux De Change At Risk As Naira Gains More Muscle by chiboyo(m): 7:55am On Mar 27, 2017 |
Where is onatisi? For the first time, his prophecy is coming to nought! 1 Like |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by menxer: 7:55am On Mar 27, 2017 |
I thought some people said PMB was the reason FX was going outer space? Now who is the reason for this new development, Emefiele? 1 Like |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by Earth2Metahuman: 7:56am On Mar 27, 2017 |
DIKEnaWAR:
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Re: Bureaux De Change At Risk As Naira Gains More Muscle by KKKWHITE(m): 7:56am On Mar 27, 2017 |
Appreciating the naira will only bring about more suffering to the country as a developing country . |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by kahal29: 7:57am On Mar 27, 2017 |
DIKEnaWAR: Imagine 1 Like |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by jericco1(m): 7:57am On Mar 27, 2017 |
dallyemmy:it's logical 2 Likes |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by chiefsaif: 7:59am On Mar 27, 2017 |
omenkaLives:its a fair observation bro |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by olujastro: 8:00am On Mar 27, 2017 |
So many ignorant posts here. BDCs are different from aboki in the black market. The CBN supplies the BDCs fx legitimately at 381 and asked them to sell at a maximum of 399 when the black market was Crazily high at 500. Now that the black has crashed below the BDC rates, they're asking the CBN to adjust their rates so they can stay in business ahead of the black market. 6 Likes 1 Share |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by AngelicBeing: 8:05am On Mar 27, 2017 |
Akwasi: |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by hysteriabox(m): 8:10am On Mar 27, 2017 |
Nice. Things are looking up. Meanwhile... where ia Reno Omokri 1 Like
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Re: Bureaux De Change At Risk As Naira Gains More Muscle by chibboy: 8:11am On Mar 27, 2017 |
wow this government has just pulled off the greatest ponzi scheme in history.. " appreciate dollar and gather enough money then you fall it and cash out.." government is wiser than the people quote me.. Weh don sir 1 Like |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by Nobody: 8:18am On Mar 27, 2017 |
The BDC are not making any loses.They are still making profit but not as before. |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by Mayflowa(m): 8:22am On Mar 27, 2017 |
odiks: How can you say this? Tell CBN to sell to BDCs at same rate they sell to bank which is 305 to 315. That way it will be easier to drive the rate down. Bank cannot be selling to BDCs at 381 and you expect them to sell lower. 4 Likes |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by FavoredGuy: 8:26am On Mar 27, 2017 |
My own concern is when it will reflect on the prices of imported goods. Let it no be like the recovered loots which does not benefit an common man. |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by 989900: 8:27am On Mar 27, 2017 |
I managed to sell only $4,000 last week at N385, how are we going to survive?”, he asked. I swear we are very good at creating hydra headed blood sucking monsters in this country. Imagine 4,000*N18 in one week and he wants us to pity him. Reduce the price and sell more or check out out of business. Oshisko. 2 Likes |
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