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Nairaland Forum / Nairaland / General / Politics / In Case Of Secession What Determines The Value Of The New Country's Currency (631 Views)
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In Case Of Secession What Determines The Value Of The New Country's Currency by Ereolamide: 12:58pm On Nov 03, 2019 |
You can't wish it away, the prophesied disintegration of Nigeria, many international organizations have speculated about this, different sociopolitical groups within Nigeria, speak about it, even foreign nations with interest in different Nigerian tribes do not shy away from this impending reality. Well, like the topic of this post, can we discuss what determines the financial strength of new nation in case of secession, the power of its currency that is, it's exchange rate? Can new country, for instance decide at what rate it's new currency will be exchanged with a dollar? Or in relation with other African nations currencies? Cc: 0monnak0da |
Re: In Case Of Secession What Determines The Value Of The New Country's Currency by oyebanji44: 12:59pm On Nov 03, 2019 |
Secession is an abomination 2 Likes |
Re: In Case Of Secession What Determines The Value Of The New Country's Currency by donbachi(m): 1:13pm On Nov 03, 2019 |
Dem go manage trade by barter. |
Re: In Case Of Secession What Determines The Value Of The New Country's Currency by Nobody: 1:15pm On Nov 03, 2019 |
Hit me up for your graphics design at a good rate |
Re: In Case Of Secession What Determines The Value Of The New Country's Currency by shigoslim(m): 1:39pm On Nov 03, 2019 |
It simple . Her economic power will determine her monetary value of her currency. Her Gross National product will determine the value of her currency at which she intend to exchange with others currencies. If her export exceed importation then that country is said to enjoy favorable exchange rate it . 3 Likes |
Re: In Case Of Secession What Determines The Value Of The New Country's Currency by gidgiddy: 1:47pm On Nov 03, 2019 |
It's the economy that determines the value of the economy. Should Nigeria break up, its most likely that the currency of the countries that emerge from Nigeria will probably start on the same level as the Naira. How well the economy of those new countries does, over time, will determine if their currency goes up or down in value 3 Likes 1 Share |
Re: In Case Of Secession What Determines The Value Of The New Country's Currency by Ereolamide: 3:23pm On Nov 03, 2019 |
oyebanji44: Be reasonable. 1 Like |
Re: In Case Of Secession What Determines The Value Of The New Country's Currency by oyebanji44: 3:40pm On Nov 03, 2019 |
Ereolamide:mr reasonable |
Re: In Case Of Secession What Determines The Value Of The New Country's Currency by dlaw70(m): 3:43pm On Nov 03, 2019 |
what a question
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Re: In Case Of Secession What Determines The Value Of The New Country's Currency by Ereolamide: 12:39pm On Nov 04, 2019 |
shigoslim: What determines the gross national product? I'm a novice in terms of financial and economic terms. |
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