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Nairaland Forum / Nairaland / General / Business / Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs (33845 Views)
Naira Crashes To 1,030/$ As Speculators React / Forex Scarcity Persists As CBN Resumes Intervention / Dangote Lists The Obstacles To Trade At The Ports In Nigeria (2) (3) (4)
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Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by pacespot(m): 1:52am On Aug 28, 2020 |
Is it time for me to offload the dollars in my reserve, experts in the field should educate me? |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by Kingbuhari(m): 2:07am On Aug 28, 2020 |
The drop of Naira is a blessing to some , people like me , because $2k dollars is giving me twice of my monthly savings and expectations.... I told my friend kunle not to vote this Ediot in Aso Rock(sai Barbar) , he refused and said it will pave way for Yoruba presidency, and I asked him are u sure u will be alive to see 2023, will Yoruba presidency make u richer than dangote , why do you want to mortgage ur generation and ur future because of one man selfish interest (Ashiwaju Thiefinubu) I told him, if this Ediot inside Agbada won the election, I will aution everything I have in this world and japa to more saner clime, and I did as I said, now eyes don red, pocket don dry, nah , bros abeg u get few Naira for me, I will give him oooo but before I do so, I reminded him how he sold his conscience because of Tinubu selfish interest 3 Likes |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by anonimi: 2:49am On Aug 28, 2020 |
DICKstractor: www.nairaland.com/attachments/2403078_buharinairatodollarpromise_jpeg536f4a3346e6a689940c6ceb025c51a7 Buhari Has Created Another System Of Corruption – Emir Sanusi www.nairaland.com/attachments/3431120_cdatausersdefappsappdatainternetexplorertempsavedimages3420191picsart1455886204785jpeg503a9ea978cee321112203705090d494_jpeg42f7ff794fb9c526b6223de620a8596b www.nairaland.com/attachments/4780865_img20170115wa0000_jpeg1d8e7567925b3c58ce06da5797c6a05a 1 Like |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by Thrill4christ(m): 3:08am On Aug 28, 2020 |
For me forex trading is a no no right now.... Stocks all the way... #Bullish 1 Like |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by Worksunlimited: 5:12am On Aug 28, 2020 |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by EgunMogaji2: 5:48am On Aug 28, 2020 |
It don’t matter As long as product prices adjusts downwards to ore dollar rise period |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by SideInkom: 5:57am On Aug 28, 2020 |
Better |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by Realdeals(m): 7:05am On Aug 28, 2020 |
This is just CBN propaganda to ease tension in the market. |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by mujaya1(m): 7:48am On Aug 28, 2020 |
[color=#000099][/color]why you may ask your brother emefele instead buhari, tribalism crossfm: |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by daddytime(m): 7:50am On Aug 28, 2020 |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by adonainana: 8:00am On Aug 28, 2020 |
GuestLog: The bitcoin is to move it between countries my G, excedding the limit of 10,000 dollars a day most banks give you. With bitcoin you can move 100,000 dollars worth of btc in 2 hours, only those who know know Your cypto wont devalue if you using it to launder money, it only devalues when you buy bitcoin for a certain price and you leave it there and the next day if the price of btc has gone down so would be your money in your wallet. You use the bitcoin to move the money after you have round tripped it from the BDC and black market Hope this helps 1 Like |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by morgstreme: 8:01am On Aug 28, 2020 |
UDUJ:Keep being a perssimist.. Keep running yourself down.. Some of you kids really sound OBTUSE..A policy in place since yesterday and even as of 7pm,I exchanged the dollar for Naira at 390 in Abuja by Sheraton,as against 446 on Tuesday,..This is what you are saying won't work Just because you just want to to seen to be online? Kids of today! 1 Like |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by morgstreme: 8:02am On Aug 28, 2020 |
crossfm:Stop sounding like one local,"village Brought-up" semi literate... Or are you one? 1 Like 1 Share |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by morgstreme: 8:05am On Aug 28, 2020 |
lazinny:Child of Pain and Perdition! |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by kambili999(f): 8:34am On Aug 28, 2020 |
daddytime:lol |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by daddytime(m): 8:47am On Aug 28, 2020 |
kambili999: |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by BOOKWORMLUX(m): 9:04am On Aug 28, 2020 |
How much is dollar in black market rate please help me |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by lizdammy: 9:56am On Aug 28, 2020 |
adonainana:Please expatiate further. This thing you just shared sparked my interest. |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by favor914: 10:09am On Aug 28, 2020 |
DICKstractor:Almijiri be waiting for $1 to the Naira, what have you exported to make foreign exchange for yourself? You are waiting to count another person’s money? |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by favor914: 10:11am On Aug 28, 2020 |
BOOKWORMLUX:check abokifx for your daily rates. |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by AlphaT1(m): 10:58am On Aug 28, 2020 |
lowkeybahdguy:If not kwaraption, how can you continue to do same thing over and over again without any positive outcomes. What you said is just d simple solution, but kwaraption cannot let it happen.... |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by mentored: 11:57am On Aug 28, 2020 |
crossfm: Zombie oooooooooooooooooooooooooooooooo Zombieeeeeeeeeeeeeeeeeeeeeeeeeeeeeee They will soon come for you |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by crossfm: 12:14pm On Aug 28, 2020 |
mentored:They have launched their attack already,but I ignored them.They are suffering and smiling. One thing I know for sure is that we are in this together. |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by alphaNomega: 12:58pm On Aug 28, 2020 |
Dollar is dangerously weak yet N386 exchanges for US$1 1 Like |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by GuestLog: 6:35pm On Aug 28, 2020 |
adonainana:You are right but you don't understand my point. Let me rephrase. If you bought bitcoin at N475 on the 30/Aug and naira become N386 on 31/Aug and you make withdrawal, you will realise that you made loss if BTC didn't get any significant price change within 24hrs. The problem is not BTC, conversion to naira is the problem. The people who will benefit are those buying BTC at the new naira price because it reflects what is seen on crypto statistics sites like coinmarketcap |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by adonainana: 8:07pm On Aug 28, 2020 |
GuestLog: Nothing is reflecting on any cypto currency site The price of BTC goes up and down, everyone understands that, you cant bring in naira rates whilst buying or selling btc The reasons nigerians started converting btc to naira/dollar rate because it was more covenient to do so You can get someone selling btc at 478 and the btc he gives you is cheaper than the person selling at 390. The money transfer or money laundering aspect of what i am talking about is completely different, even if 1 btc is 1 naira, |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by GuestLog: 9:56pm On Aug 30, 2020 |
adonainana:This shows you know nothing about trade. You're just after the hype of BTC without background knowledge of economics. You live in Nigeria, earn in Naira & buy cryptocurrency with Naira and you say this price drop won't affect Nigerians buying cryptocurrency right? Let me enlighten you some more. You use your naira to buy crypto at N475 as a street guy and sent to your paddy to withdraw(forget institutionalized laundry & racketing). The next day you're told that naira has gained to the dollar now at N386 (Difference of N89 per $1. Don't you think that if your friend should convert back to naira he will be short of N89 for every dollar if all things being equal in terms of market waves? This is simple maths, I don't know why you find it difficult to understand or you simply like argument? 1 Like |
Re: Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs by HopeNeverDies: 8:53pm On Feb 27 |
Lol... Dollar is now x5 of this... Nigeria is sinking 💔 |
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