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CBN Blows $36 Billion Defending The Naira In 2018, Up 130% From 2017. - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / CBN Blows $36 Billion Defending The Naira In 2018, Up 130% From 2017. (8760 Views)

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Re: CBN Blows $36 Billion Defending The Naira In 2018, Up 130% From 2017. by shomutuski(m): 12:58pm On May 19, 2019
maybachmusic:



Yes undecided

Can your reply without smoking weed?


Beautiful Comeback
Re: CBN Blows $36 Billion Defending The Naira In 2018, Up 130% From 2017. by NothingDoMe: 10:09pm On Jun 11, 2019
Blue3k:


Ok they can keep defending it to they run out of cash. If they're actually thinking of devaluing currency they know unsustainable.

I wouldn't think its a big deal considering Nigeria has a trade supplus most of the time. Then imports will drop after refineries come online. Lastly floating naira didn't kill Nigerians in the past and it lead to better growth using the two examples as reference.

Alright I wait and see. Give u credit if yall called it..
Hmmm

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Re: CBN Blows $36 Billion Defending The Naira In 2018, Up 130% From 2017. by Maitommi: 8:11pm On Sep 24, 2021
Hmmmm

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