Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,435 members, 7,954,729 topics. Date: Saturday, 21 September 2024 at 08:05 AM |
Nairaland Forum / Nairaland / General / Business / Dollar Sells For N445 As Forex Scarcity Persists (30188 Views)
Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market / Forex Scarcity Persists As CBN Resumes Intervention / Dollar Sells For N420, Naira Crashes In Value (2) (3) (4)
(1) (2) (3) (4) (5) (6) (7) (Reply) (Go Down)
Re: Dollar Sells For N445 As Forex Scarcity Persists by okomile(f): 12:09pm On May 12, 2020 |
2 Likes |
Re: Dollar Sells For N445 As Forex Scarcity Persists by GEEBITE: 12:10pm On May 12, 2020 |
That wont be healthy seriously speaking. okomile: |
Re: Dollar Sells For N445 As Forex Scarcity Persists by contumely2: 12:12pm On May 12, 2020 |
OsuIgboIpob: baba how can i preserve the little change i have in naira bank accounts? Since it's depreciating fast. |
Re: Dollar Sells For N445 As Forex Scarcity Persists by SoNature(m): 12:12pm On May 12, 2020 |
SenecaTheYonger: U need to open a dorm account, withdraw your funds and go to aboki |
Re: Dollar Sells For N445 As Forex Scarcity Persists by studentofTruth: 12:12pm On May 12, 2020 |
MondayOsunbor:I agree with you. |
Re: Dollar Sells For N445 As Forex Scarcity Persists by okomile(f): 12:15pm On May 12, 2020 |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Nobody: 12:16pm On May 12, 2020 |
hidhrhis:That is if you have dollar to exchange, if you plan to send dollar to a dom account in Nigeria and exchange it for 450, good luck with that. The banks don't have dollar to give anyone, that's what they claim but we know they are holding. The only option you have is a conversion at $388 or so. Been there and I was mad 6 Likes 1 Share |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Powerexpert: 12:17pm On May 12, 2020 |
Mere speculation. Though the policy invoke by the CBN is not sustainable as regards padding of the dollar window. Don't go and buy expensive dollar to sell at a low value when you desperately need money. 1 Like |
Re: Dollar Sells For N445 As Forex Scarcity Persists by MYMINDER(m): 12:17pm On May 12, 2020 |
Cre8: Two different rates. IFEX official and black market rate. Business transactions use the IFEX rate. Aboki is an unofficial rate for 'under the radar' transactions. |
Re: Dollar Sells For N445 As Forex Scarcity Persists by MabraO: 12:18pm On May 12, 2020 |
Best time to send money home to do a massive project 3 Likes |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Nobody: 12:21pm On May 12, 2020 |
Omo see gobe! |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Nobody: 12:21pm On May 12, 2020 |
gurunlocker:Which bank will give you dollar? You don't know what is happening. Is either you collect $20 notes and go exchange for aboki at 350 or they offer you their conversion rate, they claim they don't have $$$ 4 Likes |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Raphael25(m): 12:22pm On May 12, 2020 |
I withdrew from hot forex on Thursday last week @390. contumely2: |
Re: Dollar Sells For N445 As Forex Scarcity Persists by MondayOsunbor(m): 12:22pm On May 12, 2020 |
Wolgrace: oga yoruba Muslim wetin concern America for this matter na . this calamity that is about to be fall Nigeria is solely the making for yoruba Muslims . buhari is soooooo incompetent . economist had for years proffered solution to this problem about to hit us . but will buhari take it NO how can a master allow his slaves to go https://www.youtube.com/watch?v=NehjNoZD1OY 1 Like |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Nobody: 12:24pm On May 12, 2020 |
I said it yesterday when cbn said they have enough forex for investors that they don't have any forex is just an audio forex. See now there are scarcity of the forex now. Where is the enough in scarcity? Government of the liars by the liars for the liars. Spit |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Fibonacci88: 12:26pm On May 12, 2020 |
Very good news..on 7bforex when I get 1pip movement on a standard lot that's about N4500.. |
Re: Dollar Sells For N445 As Forex Scarcity Persists by SenecaTheYonger: 12:29pm On May 12, 2020 |
gurunlocker: When the dollar was trading at 365, it was 345 in online services. I think the reason why there's such gap is because they don't trust the rate in Nigeria. perhaps they believe it's artificial and that a few people are manipulating price for whatever reason. Just my laymans thought lol |
Re: Dollar Sells For N445 As Forex Scarcity Persists by contumely2: 12:30pm On May 12, 2020 |
gurunlocker: could you rephrase what you explained above. I didn't quite catch it please. I am very much interested. |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Thomthom(m): 12:31pm On May 12, 2020 |
OsuIgboIpob:Bros everything just dey stupid right now 1 Like |
Re: Dollar Sells For N445 As Forex Scarcity Persists by InaNla(f): 12:34pm On May 12, 2020 |
Unity19: Prof. You are very correct. |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Alexandre7: 12:36pm On May 12, 2020 |
gurunlocker: Which BDC do they use? |
Re: Dollar Sells For N445 As Forex Scarcity Persists by oneclickng: 12:37pm On May 12, 2020 |
SenecaTheYonger:Not true. GTbank charged me 428/$ for a $1 PayPal payment. |
Re: Dollar Sells For N445 As Forex Scarcity Persists by oneclickng: 12:41pm On May 12, 2020 |
Fibonacci88:Real niggarrr! I'm enjoying the move, because all my savings is in $. No fucking time for the shithole currency 1 Like |
Re: Dollar Sells For N445 As Forex Scarcity Persists by RapistOnBail: 12:43pm On May 12, 2020 |
grossintel:Same thing happened to me. The bank loaded me with $20 rather than a $100 fiat 1 Like |
Re: Dollar Sells For N445 As Forex Scarcity Persists by oneclickng: 12:44pm On May 12, 2020 |
Very very soon, $1 will equal 1,000 Naira. No hope in this country |
Re: Dollar Sells For N445 As Forex Scarcity Persists by jojofola: 12:47pm On May 12, 2020 |
SenecaTheYonger: E be like say u no dey use card pay online or run paypal for payment. Body go tell u. |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Nairalanderz(m): 12:48pm On May 12, 2020 |
This is surely the right time for a Nigerian to earn money in dollars, because the money go plenty when you change it to naira. We have online training and mentorship classes where we teach people how to use their smartphone for Forex trading. Plus signal application to copy trades from experienced traders with 80% win rate. Note: We DON'T accept investments. We teach you how to trade profitably by yourself and you're 100% in control of your money. 080-94414-899 |
Re: Dollar Sells For N445 As Forex Scarcity Persists by EXLOVER(m): 12:50pm On May 12, 2020 |
Wuzyurdaddy:I know that, and i know what i'm talking about. |
Re: Dollar Sells For N445 As Forex Scarcity Persists by SenecaTheYonger: 12:54pm On May 12, 2020 |
oneclickng: YEs, they'll charge you at 500 if it's possible, but won't pay you at that rate, but instead three hunderd and something. Fvck bankers. Fvck 'em all. 3 Likes |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Zico5(m): 12:56pm On May 12, 2020 |
miniziter:Are u into exporting cocoa? |
Re: Dollar Sells For N445 As Forex Scarcity Persists by SenecaTheYonger: 12:56pm On May 12, 2020 |
Lmfao, cedis is even worse. |
Re: Dollar Sells For N445 As Forex Scarcity Persists by lukency(m): 1:00pm On May 12, 2020 |
Emiefele the adopted son of Buhari is working and father Bubu is happy. |
(1) (2) (3) (4) (5) (6) (7) (Reply)
Ibadan Firm Exported Nine Billion Dollars Industrial Starch. / How U Can Start Your Export Business And Start Making Up To #200,000 Monthly / ALAJO SOMOLU, Nigeria’s Most Famous Thrift Collector
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 43 |