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Naira Gains, Dollar Crashes At Parallel Market - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / Naira Gains, Dollar Crashes At Parallel Market (41333 Views)

Dollar Crashes To N368/$1 / Dollar Crashes Again At Parallel Market / As Naira Gains, Neighbouring Countries Ease Rush For Nigerian Goods (2) (3) (4)

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Re: Naira Gains, Dollar Crashes At Parallel Market by ItalianWine(f): 7:38am On May 18, 2017
grin
Re: Naira Gains, Dollar Crashes At Parallel Market by jideofor11(m): 7:39am On May 18, 2017
1 usd to Ghana cedis is c4.65
1 Ghana cedis to naira is 104.

And we are jubilating ... a whole giant of Africa.
If i need to buy something that worth $300 in Nigeria im pay N118k but ghana cedis is just N1,300+
Dea is absolutely nothing to be happy about.
Re: Naira Gains, Dollar Crashes At Parallel Market by free2ryhme: 7:39am On May 18, 2017
Horlaidex:
Not until it reaches 300/$
tell us why it shld not be a dollar for a naira
Re: Naira Gains, Dollar Crashes At Parallel Market by DoyenExchange: 7:42am On May 18, 2017
Some changes but not to call it 'crashes' .
Re: Naira Gains, Dollar Crashes At Parallel Market by free2ryhme: 7:42am On May 18, 2017
ItalianWine:
grin
So you be yesterday meat to be using this name grin
Re: Naira Gains, Dollar Crashes At Parallel Market by jeftalene(m): 7:44am On May 18, 2017
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Re: Naira Gains, Dollar Crashes At Parallel Market by Horlaidex(m): 7:44am On May 18, 2017
free2ryhme:
tell us why is shld not be a dollar for a naira
We are scammed already bro.

3 Likes 1 Share

Re: Naira Gains, Dollar Crashes At Parallel Market by coretechng1(m): 7:46am On May 18, 2017
I was expecting to see #350/$.
Re: Naira Gains, Dollar Crashes At Parallel Market by favexx(f): 7:47am On May 18, 2017
Caleboha:
Any time Osibanjo takes over the economy improves (using the value of the naira as a yardstick). Last time such news flooded the media was prior to Buhari's return. Now that he has gone, we're getting back on track. Is Buhari really cursed or a curse??
was about asking the same thing

2 Likes 1 Share

Re: Naira Gains, Dollar Crashes At Parallel Market by Zane2point4(m): 7:52am On May 18, 2017
Nigeria has 3 rates, bank rate, parallel rate and MUSLIM RATE.. ...

I just hate this country with passion, which one be muslim rate? Are we even in an Islamic country.
Re: Naira Gains, Dollar Crashes At Parallel Market by Nobody: 7:53am On May 18, 2017
Its a simple harmonic motion
Re: Naira Gains, Dollar Crashes At Parallel Market by Dyt(f): 7:54am On May 18, 2017
MoreWahala:
Just gain by 1, and you wrote dollar crashes undecided
grin cheesy grin grin
Re: Naira Gains, Dollar Crashes At Parallel Market by Coraje(m): 7:54am On May 18, 2017
Crash.. Mtchew
Re: Naira Gains, Dollar Crashes At Parallel Market by engrjacuzzi: 7:55am On May 18, 2017
waiting for the day #1 will equal $1. if only the cabals will allow PMB to fulfil his promise.
Re: Naira Gains, Dollar Crashes At Parallel Market by ItalianWine(f): 7:55am On May 18, 2017
free2ryhme:

So you be yesterday meat to be using this name grin

What are you saying

www.nairaland.com/attachments/4924176_47945314721382imagejpegjpeg6f95b5e7a24ad4fc0808d6698fd37362jpeg50bd63868db11355c565a2224476bf04_jpegafaf07d076e4f011c60f79cb13706ab8
Re: Naira Gains, Dollar Crashes At Parallel Market by odogwu2007(m): 7:56am On May 18, 2017
marisdgreat:
Please where do they exchange dollar to naira in Enugu?
come for GRA front of shoprite make I carry u goo there
Re: Naira Gains, Dollar Crashes At Parallel Market by Nobody: 7:58am On May 18, 2017
DUMB crashes that ain't commensurate with prices of commodities!
CHAINge is a GRAND SCAM!
Re: Naira Gains, Dollar Crashes At Parallel Market by nextstep(m): 8:00am On May 18, 2017
OP, what the hell man? Crash implies 20% or more. I came to see something significant only to see one whole naira angry
This is flickering noise in the daily value, partly due to dollar weakness based on market fears in US.

It's been hovering around 38x for a while now, as opposed to widely fluctuating, which is good. Would like to see it touch 37x by July...
Re: Naira Gains, Dollar Crashes At Parallel Market by nextstep(m): 8:01am On May 18, 2017
coretechng1:
I was expecting to see #350/$.

Abi. Wetin be one naira crash? angry

2 Likes

Re: Naira Gains, Dollar Crashes At Parallel Market by Idango(m): 8:06am On May 18, 2017
Your choice of word na wa o. You used the word crashed and I thought the naira has gained seriously against the dollar , only to be reading about a gain from 386 to 385, N1 gain is what you are calling a CRASH ?
Re: Naira Gains, Dollar Crashes At Parallel Market by oyienootieno: 8:17am On May 18, 2017
Horlaidex:
Not until it reaches 300/$

And what will happen? It's not about dollars crashing bro, we want the price of goods to crash alongside.
Re: Naira Gains, Dollar Crashes At Parallel Market by Aburi001: 8:19am On May 18, 2017
ednut1:
Still no impact on d common man undecided
Osibaba till 2030 grin
Re: Naira Gains, Dollar Crashes At Parallel Market by Aburi001: 8:20am On May 18, 2017
Horlaidex:
Not until it reaches 300/$
E reach and even drop to 250/1 dollar before Buhari go return grin
Re: Naira Gains, Dollar Crashes At Parallel Market by adeoba2008(m): 8:30am On May 18, 2017
Some Nairalanders will never see the good side of things. They are so accustomed to darkness
Re: Naira Gains, Dollar Crashes At Parallel Market by Nobody: 8:31am On May 18, 2017
buchilino:
EVEN IF IT GOES BACK TO #200, I DOUBT IT WILL HAVE ANY POSITIVE IMPACT ON PPLE.
It will because it will reduce the price of goods and services but the effect maybe gradual
Re: Naira Gains, Dollar Crashes At Parallel Market by olabamiyo(m): 8:53am On May 18, 2017
Stupid news making front page. When I read 'crash', was expecting something dramatic. Nonsense country
Re: Naira Gains, Dollar Crashes At Parallel Market by spyder880(m): 9:05am On May 18, 2017
marisdgreat:
Please where do they exchange dollar to naira in Enugu?

Okpara avenue, near Mr. Biggs and near EEDC office,

Ogui road, near ABC transport terminal.
Re: Naira Gains, Dollar Crashes At Parallel Market by Brillantman: 9:12am On May 18, 2017
grin
mikkypel:
I open this thread just to be disappointed... Just by One and it is on a front page... Thunder, why are you calm these days?
Re: Naira Gains, Dollar Crashes At Parallel Market by lilytender: 9:15am On May 18, 2017
Caleboha:
Any time Osibanjo takes over the economy improves (using the value of the naira as a yardstick). Last time such news flooded the media was prior to Buhari's return. Now that he has gone, we're getting back on track. Is Buhari really cursed or a curse??

No, I don't think so, instead, I think you are have been cursed by your village witches and you are also a curse to your family and to Nigerian youths in general.
Re: Naira Gains, Dollar Crashes At Parallel Market by tiwiex(m): 9:19am On May 18, 2017
MoreWahala:
Just gain by 1, and you wrote dollar crashes undecided
Me sef tire. Na Lai post am na.
Re: Naira Gains, Dollar Crashes At Parallel Market by yinkslinks(m): 9:31am On May 18, 2017
Copy and Paste.
Re: Naira Gains, Dollar Crashes At Parallel Market by Abudu2000(m): 9:37am On May 18, 2017
Okay. Meanwhile...

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