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Nairaland Forum / Nairaland / General / Business / Naira Bounces Back, Appreciates To N470/$ In Parallel Market (26496 Views)
Naira Appreciates To ₦1,280/$ At Parallel Market / Naira Appreciates To ₦1,650/$ At Parallel Market / Naira Appreciates To N756.61/$ On Investors & Exporters' FX Window (2) (3) (4)
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Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by thaoriginator: 5:19pm On Dec 02, 2020 |
Kiss my ass fuckerz |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by lexy2014: 5:20pm On Dec 02, 2020 |
Iogobenz: Is it GDP that makes nigeria a producing economy with regards d devaluation of d naira against d dollar? Is production d only way of measuring GDP? |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by makanma(f): 5:20pm On Dec 02, 2020 |
Ehiscotch:do you manufacture electronics??.....you 2 Likes |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by pretyval: 5:20pm On Dec 02, 2020 |
Please change the headline..... 1 Like |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by BruncleZuma: 5:20pm On Dec 02, 2020 |
How's that a bounce back? 1 Like |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by Biglittlelois(f): 5:21pm On Dec 02, 2020 |
Heartlessbanker: Are you dull? What am I suppose to read to understand? Will what was written change the fact that 470 to a dollar makes no difference since it is not the one naira to a dollar we were promised in 2015? 1 Like 1 Share |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by Iogobenz(m): 5:23pm On Dec 02, 2020 |
lexy2014:Go and educate yourself properly before you come and expose your ignorance. GDP=Gross Domestic Product. Doesn't this tell you that this function is a measure for productivity? Despite devaluations,GDP still stands at the same value or close to where it was pre devaluation,this should tell you that the naira value of GDP increased,ie productivity has been increasing.... 3 Likes |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by mikeuz(m): 5:24pm On Dec 02, 2020 |
Ehiscotch: For your mind now, you think you know what you are saying. Smh 3 Likes |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by Juanmike(m): 5:25pm On Dec 02, 2020 |
Bounce back indeed. |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by Iogobenz(m): 5:25pm On Dec 02, 2020 |
makanma:You cannot manufacture everything as a nation,you'd import some then produce some. Balance of trade exists for a reason... 8 Likes |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by Nobody: 5:26pm On Dec 02, 2020 |
Biglittlelois:It shows the mediocre home training your mother gave you; insulting people even when your tiny brain couldn't comprehend what was being said. further mentions will be ignored. 1 Like |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by lexy2014: 5:26pm On Dec 02, 2020 |
Iogobenz: Professor, with all ur education, u are yet to answer d following questions: Is it GDP that makes nigeria a producing economy with regards d devaluation of d naira against d dollar? Is production d only way of measuring GDP? 3 Likes |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by PataAlhaja(m): 5:28pm On Dec 02, 2020 |
Biglittlelois: Political gimmicks. ... absolutely impossible. |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by pickatyou2: 5:28pm On Dec 02, 2020 |
Little sign of relief For your car tracking services and installation, check my signature |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by stillmaticOG(m): 5:30pm On Dec 02, 2020 |
They can try all they want, but it is just a matter of time before the naira will be exchanging for 550 against the dollar |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by KelvinCoaster(m): 5:30pm On Dec 02, 2020 |
The CBN last week at the MPC meeting warned Financial analysts and media officials to stop using figures from the 'parallel/black market' to determine the price of the Naira! As at today the official price of the Naira per Dollar is far less than what is reported in this post! We have to stop the 'black market',its a dubious market! 1 Like 1 Share |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by Iogobenz(m): 5:30pm On Dec 02, 2020 |
lexy2014:I cannot answer an incoherent question sir. Please go and ask any smart person around you this same question,then get back to me on his response. I say smart person ooo,not a hoodlum How else is GDP measured asides productivity? I really was looking to exchange knowledge and probably learn from you,apparently I was wrong. 1 Like |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by akilo1: 5:31pm On Dec 02, 2020 |
Sai baba |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by Nobody: 5:31pm On Dec 02, 2020 |
Ehiscotch: What rate is best for naira Give us a value? |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by Nobody: 5:32pm On Dec 02, 2020 |
Bounces back at 470? When will it bounce back to the N200 it was under Jonathan? 1 Like |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by nnamdi640: 5:32pm On Dec 02, 2020 |
Ehiscotch:My brother can you explain why dollar was less during Gej regime despite the the high rate of importation then, unlike now that we have less importation.... I don't think Importation is the only reason why there is devaluation 5 Likes |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by johnhood(m): 5:32pm On Dec 02, 2020 |
Should we be happy? Is this equivalent to N1 or N50. This country sef. |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by johnnychuks(m): 5:33pm On Dec 02, 2020 |
is this a bounce back? |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by oguns222: 5:35pm On Dec 02, 2020 |
DennisEche: According to Useful Idiot Gravelslam, Buhari never made such a promise. |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by Akachai2030(m): 5:38pm On Dec 02, 2020 |
Jostoman:obodo Nigeria |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by Trueteller0147: 5:39pm On Dec 02, 2020 |
Imagine; bounce back. This country is a disgrace to the world |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by studentofTruth: 5:40pm On Dec 02, 2020 |
nairavsdollars: Lol, you dey vex gaan. It's expected that dollar will fall in December. One of the most well-recognized seasonality in USD is that it usually falls in December. One of the reasons is that people are converting to local currencies for their Christmas vacation. I expect naira to fall to #520 or more per dollar by the end of January, unless Oil prices get significantly above $50 per barrel. 1 Like |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by simplesearch: 5:40pm On Dec 02, 2020 |
APC as a party are in short supply of men of integrity reason everybody end up as a praise singer. Once their mannequin economic principles that keeps the nation in a hollow block is shamed, instead of brainstorming to find a lasting solution that'll get peoples hope restored, they'll rather adopt a short cut procedure that'll end up making them a laughing stock. By the time the said dollar rebounds against this abracadabra reduction it may go as high as 600. It baffles me how God will confer his good will on a few people to govern a prosperous nation as Nigeria and all they do is turn it into a grazing field. Whereas I'm apolitical, God save Nigeria! |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by Democracynna: 5:40pm On Dec 02, 2020 |
You call 470 naira to a dollar bouncing back What happen to #1=$1 that was promised in 2015 Promise cancelled |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by mumexcellency(f): 5:41pm On Dec 02, 2020 |
As long as that man is still there, the dollar may enter 1,000. |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by MosayA: 5:42pm On Dec 02, 2020 |
Bouncing naira kwa |
Re: Naira Bounces Back, Appreciates To N470/$ In Parallel Market by Dichrys(m): 5:42pm On Dec 02, 2020 |
What's there to celebrate it will still go bk to factory reset |
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