NAIRA DEPRECIATES MARGINALLY AGAINST DOLLAR
source : http://www.eyesoflagos.com/2017/09/naira-depreciates-marginally-against.html


The Naira on Thursday depreciated marginally against the dollar at the parallel market, exchanging at N365.5 to the dollar.
The News Agency of Nigeria (NAN) reports that the Nigerian currency lost 50 kobo from N365 posted on Wednesday, while the Pound Sterling and the Euro closed at N487 and N436.
At the Bureau De Change (BDC) window, the Naira traded at N362 to the dollar, while the Pound Sterling and the Euro closed at N487 and N436.
Trading at the investors’ window saw the Nigerian currency closing at N360.33 to the dollar.
Traders said high demand for the Naira led to its slight depreciation at the market.
The Naira remained stable for more than five months, exchanging at N365 to the dollar.
The rise in the nation’s external reserve made the CBN comfortable in its aggressive interventions at the foreign exchange market.

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I yaff tire for this dollar naira news! What self

we all know the dollar will not go back to the rate it was before the 2015 election until the groups of clueless govt leaves

Nice

Oh

Keep it up....400 loading

How is this possible?

I will make $1 equal #1 ...says buhari the dullard.

Up till date the confused mofos keep running an artificial economy of pumping millions of dollars to sustain the economy after numerous blame games on the previous govt.

What a shame,yet zombies will come here to defend the inefficient buffoon and clueless one.

Oh

PDP right now

E never equal 1 naira to 1 USD yet?
Oh Buhari! !!!

Okay ooooo

Until buhari go nah so e go be

dis naira sef, can u eva rise and remain dia

Ok

Kai

Buhari why?

Then, I told my Geh that I am falling for her like naira to dollar and she said..

*Its not strong enough*

I wish she can see how loyal this dullards n vagabonds had made our good naira..

K

Bihari is just surrounded by mufos, Nobody to advise him. Instead they are looking for way to loot.
I know some investors will be happy.

God help us

Buhari is confused and too old to rule Nigeria....believe it or you go hug transformer

hmm

pelumi111:
we all know the dollar will not go back to the rate it was before the 2015 election until the groups of clueless govt leaves

Did the former president met the dollar at #210/$? why didn't he returned it the #130/$ that he met before he was chased out of the asorock.

No naaa!

I wan buy stuff

Johnathan and Co left it at 190/$
why Dancing around 350/400?

take it bck to190 and thats real "Change"

Was already expecting this because for weeks since Buhari's speech the CBN have been artificially buffering the value of the Naira against the dollar but with the unnecessary military action in the South East it was a matter of days when the CBN will not be able to do anything to shore up the value of the Naira any further..After 100 day of great work by Yemi Osinbanjo and his team the character feom Daura has come to destroy everything again

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