Following the continuous fall in the price of crude oil below the Federal Government benchmark for the year, market speculators have started hoarding the US dollar as many projected that the Central Bank of Nigeria would devalue the local currency to protect the foreign reserves and sustain dollar liquidity in an import-dependent economy.

The uncertainty surrounding the local economy weighed on the Naira on Tuesday, the local currency declined by N6 to N366 per US dollar at the parallel market.

This was after Saudi Arabia led 14 members failed to secure Russia supports to cap oil production by another 1.5 million barrels per day on Friday. While Moscow had said the door was not closed to OPEC completely, Saudi Arabia did not see reason in further discussions without a predetermined framework for talks.

Experts had predicted that oil-dependent economies like Nigeria would struggle to fund 2020 budgets, saying Russia pulled out of further cuts for the same reason. Nigeria’s foreign reserves has been on the decline since peaking at $45 billion in June 2019 while capital flight has risen in Africa’s largest economy as investors complained of unclear economic path and counterproductive policies.

Market speculators have started disrupting the foreign exchange market by hoarding the US dollar amid growing speculation that the Central Bank of Nigeria would be forced to lower devalue the Naira to sustain its intervention program, prevent the foreign reserves and sustain dollar liquidity in the market.

According to one of the dealers, demand for the US dollar surged at the foreign exchange market on Tuesday due to devaluation fear. “People have been calling asking for dollars but we do not have enough so the rate had to go up,” the dealer who pleaded anonymity stated.


https://investorsking.com/naira-falls-against-us-dollar-to-n366/

Lalasticlala, mynd44, puskin, dominique, naijacutee, FOD

All other currencies in d world are falling against 
the Almighty dollar

CokeBar:
Following the continuous fall in the price of crude oil below the Federal Government benchmark for the year, market speculators have started hoarding the US dollar as many projected that the Central Bank of Nigeria would devalue the local currency to protect the foreign reserves and sustain dollar liquidity in an import-dependent economy.

The uncertainty surrounding the local economy weighed on the Naira on Tuesday, the local currency declined by N6 to N366 per US dollar at the parallel market.

This was after Saudi Arabia led 14 members failed to secure Russia supports to cap oil production by another 1.5 million barrels per day on Friday. While Moscow had said the door was not closed to OPEC completely, Saudi Arabia did not see reason in further discussions without a predetermined framework for talks.

Experts had predicted that oil-dependent economies like Nigeria would struggle to fund 2020 budgets, saying Russia pulled out of further cuts for the same reason. Nigeria’s foreign reserves has been on the decline since peaking at $45 billion in June 2019 while capital flight has risen in Africa’s largest economy as investors complained of unclear economic path and counterproductive policies.

Market speculators have started disrupting the foreign exchange market by hoarding the US dollar amid growing speculation that the Central Bank of Nigeria would be forced to lower devalue the Naira to sustain its intervention program, prevent the foreign reserves and sustain dollar liquidity in the market.

According to one of the dealers, demand for the US dollar surged at the foreign exchange market on Tuesday due to devaluation fear. “People have been calling asking for dollars but we do not have enough so the rate had to go up,” the dealer who pleaded anonymity stated.


https://investorsking.com/naira-falls-against-us-dollar-to-n366/

Lalasticlala, mynd44, puskin, dominique, naijacutee, FOD

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I'll explain more if you are opened for partnership.

AfroAgroPower:


Hi, Do you sell Paypal funds?


If You Do..



I AM MESSIAH. ONI, Ayodeji Anthonyeshua.

I AM an AGRICULTURAL LIFE TOURIST, JOURNALIST and SOLUTIONIST.


I'm up for a Revenue Boost Strategic Partnership for a new Investment Opportunity which promises to yield MASSIVE and PASSIVE Daily Returns on Investments.


I'm in search of who sells Legitimate/Clean PayPal funds for a daily and long term Revenue Boost Opportunity.

If you do sell PayPal funds; What's your rate?

Can you provide up to $500 - $5,000 on a daily basis?

10% Financial Rewards will also be your portion if you can link me to Paypal Sellers who can Manifest Our Daily Consignment Deals even if you do not have Paypal funds directly to Sell to Me.



I have a new business consignment of Revenue Boost through Paypal which I'll love we get partnered to achieve.


I'll explain more if you are opened for partnership.

CokeBar:
Following the continuous fall in the price of crude oil below the Federal Government benchmark for the year, market speculators have started hoarding the US dollar as many projected that the Central Bank of Nigeria would devalue the local currency to protect the foreign reserves and sustain dollar liquidity in an import-dependent economy.

The uncertainty surrounding the local economy weighed on the Naira on Tuesday, the local currency declined by N6 to N366 per US dollar at the parallel market.

This was after Saudi Arabia led 14 members failed to secure Russia supports to cap oil production by another 1.5 million barrels per day on Friday. While Moscow had said the door was not closed to OPEC completely, Saudi Arabia did not see reason in further discussions without a predetermined framework for talks.

Experts had predicted that oil-dependent economies like Nigeria would struggle to fund 2020 budgets, saying Russia pulled out of further cuts for the same reason. Nigeria’s foreign reserves has been on the decline since peaking at $45 billion in June 2019 while capital flight has risen in Africa’s largest economy as investors complained of unclear economic path and counterproductive policies.

Market speculators have started disrupting the foreign exchange market by hoarding the US dollar amid growing speculation that the Central Bank of Nigeria would be forced to lower devalue the Naira to sustain its intervention program, prevent the foreign reserves and sustain dollar liquidity in the market.

According to one of the dealers, demand for the US dollar surged at the foreign exchange market on Tuesday due to devaluation fear. “People have been calling asking for dollars but we do not have enough so the rate had to go up,” the dealer who pleaded anonymity stated.


https://investorsking.com/naira-falls-against-us-dollar-to-n366/

Lalasticlala, mynd44, puskin, dominique, naijacutee, FOD

take me back to this day

nymphomaniac:
take me back to this day

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.

Buying Wise (Transferwise) funds @ 560/$

Buying Wise (Transferwise) funds @ 560/$

Buying Wise (Transferwise) funds @ 560/$

Come with a reputable escrow.
WhatsApp number in my signature

CokeBar:
Following the continuous fall in the price of crude oil below the Federal Government benchmark for the year, market speculators have started hoarding the US dollar as many projected that the Central Bank of Nigeria would devalue the local currency to protect the foreign reserves and sustain dollar liquidity in an import-dependent economy.

The uncertainty surrounding the local economy weighed on the Naira on Tuesday, the local currency declined by N6 to N366 per US dollar at the parallel market.

This was after Saudi Arabia led 14 members failed to secure Russia supports to cap oil production by another 1.5 million barrels per day on Friday. While Moscow had said the door was not closed to OPEC completely, Saudi Arabia did not see reason in further discussions without a predetermined framework for talks.

Experts had predicted that oil-dependent economies like Nigeria would struggle to fund 2020 budgets, saying Russia pulled out of further cuts for the same reason. Nigeria’s foreign reserves has been on the decline since peaking at $45 billion in June 2019 while capital flight has risen in Africa’s largest economy as investors complained of unclear economic path and counterproductive policies.

Market speculators have started disrupting the foreign exchange market by hoarding the US dollar amid growing speculation that the Central Bank of Nigeria would be forced to lower devalue the Naira to sustain its intervention program, prevent the foreign reserves and sustain dollar liquidity in the market.

According to one of the dealers, demand for the US dollar surged at the foreign exchange market on Tuesday due to devaluation fear. “People have been calling asking for dollars but we do not have enough so the rate had to go up,” the dealer who pleaded anonymity stated.


https://investorsking.com/naira-falls-against-us-dollar-to-n366/

Lalasticlala, mynd44, puskin, dominique, naijacutee, FOD

how I wish I could see the future. Chai