Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,565 members, 7,955,096 topics. Date: Saturday, 21 September 2024 at 04:45 PM |
Nairaland Forum / Nairaland / General / Business / Central Bank Of Nigeria Commences Sale Of Chinese Yuan (21742 Views)
Naira Exchanges At N49-N51 Per Yuan At First Auction Of Chinese Currency In Nig / CBN On Fire - No Fire Scare At Central Bank Of Nigeria - Confirmed Reports / A Nairalander's Experience With Bank Of Industry (documents Attached) (2) (3) (4)
Re: Central Bank Of Nigeria Commences Sale Of Chinese Yuan by mt77: 9:24pm On Jul 21, 2018 |
Your small business can be moved forward by learning tips on http://www.lekkibusinessjournal.com/be-innovative/ |
Re: Central Bank Of Nigeria Commences Sale Of Chinese Yuan by ItsMeAboki(m): 9:33pm On Jul 21, 2018 |
naijaguy123456: So would you say it is better for the buyer (Nigeria) and the seller (China) to keep depending on a third party/middleman's currency (American Dollar) when they can trade directly in their respective currencies? 2 Likes |
Re: Central Bank Of Nigeria Commences Sale Of Chinese Yuan by hisgrace090: 9:41pm On Jul 21, 2018 |
lastempero: Nigeria is running a wayo govt. |
Re: Central Bank Of Nigeria Commences Sale Of Chinese Yuan by Hienna(m): 9:42pm On Jul 21, 2018 |
leading the world has been based on ideas - America c. |
Re: Central Bank Of Nigeria Commences Sale Of Chinese Yuan by Aslawish(m): 10:05pm On Jul 21, 2018 |
FriendNG: They are the authorized dealers. 1 Like |
Re: Central Bank Of Nigeria Commences Sale Of Chinese Yuan by flyca: 11:46pm On Jul 21, 2018 |
ZUBY77:How much is it? |
Re: Central Bank Of Nigeria Commences Sale Of Chinese Yuan by Kindler: 5:33am On Jul 22, 2018 |
they have sense. now that yuan is falling, at an all time low. in their trade war with the usa. i was speculating on the currency but i had to sell it yesterday. china is manipulating their currency to make exports stable |
Re: Central Bank Of Nigeria Commences Sale Of Chinese Yuan by fadaz(m): 7:31am On Jul 22, 2018 |
flyca:Contact me for rates BTW 54-55 depending on volume. You pay naira on confirmation of receipt of RMB usually not more than 30 minutes. |
Re: Central Bank Of Nigeria Commences Sale Of Chinese Yuan by fadaz(m): 7:35am On Jul 22, 2018 |
franzis:Contact for rates BTW 54-55 depending on volume. 2m RMB daily trading available. Friendly naira payment pattern. |
Re: Central Bank Of Nigeria Commences Sale Of Chinese Yuan by ZUBY77(m): 8:29am On Jul 22, 2018 |
flyca: Rates change everyday now. So maybe you can add me on whatsapp if you buy rmb regularly. +8613544479311 |
Re: Central Bank Of Nigeria Commences Sale Of Chinese Yuan by Johnrake69: 9:43am On Jul 22, 2018 |
naijaguy123456: High interest rates does not promote a strong currency. And certainly does not encourage real investment in an economy. The top economies in the world with strong currencies manage less than 5% interest. While the economies with weak currency manage double digits. And the reason is simple. Real investors don't play in the money market. Therefore, high interest rates sends a bad signal to real investors because if they are to borrow funds along the line in other to support their investments in an economy it's going to impact on their investments negatively. |
Re: Central Bank Of Nigeria Commences Sale Of Chinese Yuan by Johnrake69: 9:47am On Jul 22, 2018 |
omenziate: Thank you for this response. Real investors don't play in the money market. High interest rates drive away investors. |
Re: Central Bank Of Nigeria Commences Sale Of Chinese Yuan by flyca: 12:13pm On Jul 22, 2018 |
ZUBY77:Oh, it was all for advert afterall? Weh done sa! RMB is 56-57 currently. If you are changing from Naira. 1 Like |
Re: Central Bank Of Nigeria Commences Sale Of Chinese Yuan by ZUBY77(m): 4:09am On Jul 23, 2018 |
flyca: The way some of you see things baffles me. Advert for what? Rmb is currently 54 and going down fast too. Maybe I should come here to give you new rate everyday. |
CBN To Introduce Lower Denominations On Atms / Concern For Investors As Access Bank, FCMB Others Lose ₦1.7 Billion To Fraud / Nigerian Breweries Completes ₦5.1 Billion Automated PET Line In Ogun State
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 21 |