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$48b Forex Inflows, $45b Reserves Stabilise Naira - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / $48b Forex Inflows, $45b Reserves Stabilise Naira (9438 Views)

After $1bn Drop, Nigeria May Suffer Further Decline In FX Inflows – PWC / FG Mulls Redenomination Option To Stabilise Naira / How I&E Forex Window Buoyed Naira Stability With $50bn Inflows (2) (3) (4)

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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..

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Re: $48b Forex Inflows, $45b Reserves Stabilise Naira by Dootty(m): 3:17pm On Jun 07, 2019
rusher14:


The watchword is stability.

What have you done to strengthen the Naira other than demand more and more foreign made goods?

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

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Re: $48b Forex Inflows, $45b Reserves Stabilise Naira by rusher14: 3:23pm On Jun 07, 2019
Dootty:


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

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.

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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:


Check the source of the news to know that it is as fake as Tinubu’s yellow teeth
grin

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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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