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Nairaland Forum / Nairaland / General / Business / $48b Forex Inflows, $45b Reserves Stabilise Naira (9539 Views)
Central Bank Interventions Will Stabilise Naira – Pwc / After $1bn Drop, Nigeria May Suffer Further Decline In FX Inflows – PWC / FG Mulls Redenomination Option To Stabilise Naira (2) (3) (4)
Re: $48b Forex Inflows, $45b Reserves Stabilise Naira by chloride6: 3:05pm On Jun 07, 2019 |
The writer has failed to mention the most important component of this stability which is the introduction of the NDF. Investors can now invest without fear of the devaluation of the naira.. 3 Likes 1 Share |
Re: $48b Forex Inflows, $45b Reserves Stabilise Naira by Dootty(m): 3:17pm On Jun 07, 2019 |
rusher14: And the foreign made good most demanded if not petrol. Don't u think it would have made better economic sense to fund refinery instead of regular intervention to stabilize the naira. Just imagine the number of refineries that would have built with this intervention funds and the amount of dollars that would have been saved from the current regime of sole importation. I 2 Likes |
Re: $48b Forex Inflows, $45b Reserves Stabilise Naira by rusher14: 3:23pm On Jun 07, 2019 |
Dootty: What refinery? You want to continue making the same mistake? Refineries can only be run successfully in Nigeria if in the hands of the private sector viz Dangote etc. 1 Like 1 Share |
Re: $48b Forex Inflows, $45b Reserves Stabilise Naira by LionTiger(m): 3:32pm On Jun 07, 2019 |
politician will just dig deep and casually pay you same amount. |
Re: $48b Forex Inflows, $45b Reserves Stabilise Naira by MrBONE2(m): 6:16pm On Jun 07, 2019 |
seguno2: 1 Like
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Re: $48b Forex Inflows, $45b Reserves Stabilise Naira by Nobody: 6:56pm On Jun 07, 2019 |
Printing money out of thin air........ morrafvckers |
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