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Nairaland Forum / Nairaland / General / Business / Dollar sells for N445 as forex scarcity persists (700 Views)
Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market / Dollar Sells For N445 As Forex Scarcity Persists / Dollar Sells For N420, Naira Crashes In Value (2) (3) (4)
Dollar sells for N445 as forex scarcity persists by CanadaOrBust: 11:53am On May 20, 2020 |
The dollar exchanged for N445 in the parallel market on Monday due to scarcity and shrinking liquidity in the forex market.
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Re: Dollar sells for N445 as forex scarcity persists by gambia(m): 12:17pm On May 20, 2020 |
Its time to cash out. |
Re: Dollar sells for N445 as forex scarcity persists by omowolewa: 12:20pm On May 20, 2020 |
The best we can do is to reduce imports. We can't force people to buy our products. |
Re: Dollar sells for N445 as forex scarcity persists by lordm(m): 12:22pm On May 20, 2020 |
Stop importing everything, we won't hear. Diversify economy, we won't hear. May God help us |
Re: Dollar sells for N445 as forex scarcity persists by Racoon(m): 12:42pm On May 20, 2020 |
Ours is mainly an import and oil-dependent mono- economy.So dollar scarcity will continue.Meanwhile one thing the CBN can do now is to float the naira. |
Re: Dollar sells for N445 as forex scarcity persists by CanadaOrBust: 2:40pm On May 20, 2020 |
Racoon: You mean float the Naira. Lalasticlala |
Re: Dollar sells for N445 as forex scarcity persists by CanadaOrBust: 2:45pm On May 20, 2020 |
lordm: “ Diversify economy” is easier said than done. It has been the refrain since the 70’s, to what end |
Re: Dollar sells for N445 as forex scarcity persists by Racoon(m): 3:19pm On May 20, 2020 |
CanadaOrBust:Oops! Acknowledged sir.Thanks so much. |
Re: Dollar sells for N445 as forex scarcity persists by BlackfireX: 3:34pm On May 20, 2020 |
What kind of a country will tie her destiny to oil ? Shithole , lifeless FC enclave, zombie 30k per month. |
Re: Dollar sells for N445 as forex scarcity persists by CanadaOrBust: 5:45pm On May 20, 2020 |
Re: Dollar sells for N445 as forex scarcity persists by CanadaOrBust: 5:50pm On May 20, 2020 |
BlackfireX: Well, Dubai, Saudi, and all those Arab countries tied their destinies to oil... |
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