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Dollar Equals Euro For The First Time In 20 Years - Business (3) - Nairaland

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Re: Dollar Equals Euro For The First Time In 20 Years by EmiDon11: 12:19pm On Jul 12, 2022
Searchingvictor:
OK. When will naira equals pounds
when will iran rial equal naira?
Re: Dollar Equals Euro For The First Time In 20 Years by Seankhalifa: 12:20pm On Jul 12, 2022
No be who start war dey win am... in putin voice... grin

5 Likes

Re: Dollar Equals Euro For The First Time In 20 Years by WeLive: 12:21pm On Jul 12, 2022
lalasticlala:
Euro Equal to the US Dollar for First Time in 20 Years



https://greekreporter.com/2022/07/12/euro-dollar-equal-exchange-rate/
This is not fair...
I made this post earlier and it wasn't moved to FP

SEE HERE

https://www.nairaland.com/7223598/euro-drops-20-year-low

1 Like

Re: Dollar Equals Euro For The First Time In 20 Years by Ahmed4002(m): 12:22pm On Jul 12, 2022
Spirit04:
The frozen wasteland called Europe collecting it woto woto

Serious wotowoto.

Re: Dollar Equals Euro For The First Time In 20 Years by Druss(m): 12:22pm On Jul 12, 2022
Europe should really have minded its business in this Ukraine / Russia conflict.

4 Likes

Re: Dollar Equals Euro For The First Time In 20 Years by bizzibodi(m): 12:23pm On Jul 12, 2022
So those advance countries cannot generate biogas from their waste.
Re: Dollar Equals Euro For The First Time In 20 Years by holubee21(m): 12:24pm On Jul 12, 2022
Searchingvictor:
OK. When will naira equals pounds
It's possible! If the whites can re- colonize us again especially the British then naira will be equal to pound as it was then. I cry bitterly the whites shouldn't have left us

1 Like

Re: Dollar Equals Euro For The First Time In 20 Years by babyfaceafrica: 12:24pm On Jul 12, 2022
SenecaTheYonger:


True. I’m actually shocked someone knows this. The United States Department of Commerce usually pines for a devalued dollar in order to increase trades with other countries. Although depends on who is running DoC

What's the meaning of this? You think na secondary boys or jambites full here? We have big people here too seasoned accountants, Pilots, writers and doctors.. Damn!

2 Likes

Re: Dollar Equals Euro For The First Time In 20 Years by Legendoo: 12:25pm On Jul 12, 2022
thank God for this.. if you know you know.

more grease to dollars elbow. .. all that naira devaluation wey comot money from my hand must return am one way or the other. ese pupo.

1 Like

Re: Dollar Equals Euro For The First Time In 20 Years by 9jaNoBeLagos: 12:27pm On Jul 12, 2022
Why is it not the same when converted to Naira.

Re: Dollar Equals Euro For The First Time In 20 Years by Flairoqy(m): 12:27pm On Jul 12, 2022
Dexterine94:
Less than a week Boris Johnson stepped down,
Euro finally equalled the dollar
What do you know about finance? You think his resignation is the reason for the equivalence? Dollar has been on a down slide since last year.
Re: Dollar Equals Euro For The First Time In 20 Years by anataala: 12:29pm On Jul 12, 2022
That’s the implication of Russian sanctions by the west USA has fooled the Europeans
lalasticlala:
Euro Equal to the US Dollar for First Time in 20 Years



https://greekreporter.com/2022/07/12/euro-dollar-equal-exchange-rate/

3 Likes

Re: Dollar Equals Euro For The First Time In 20 Years by Trojan8(m): 12:30pm On Jul 12, 2022
Spirit04:
The frozen wasteland called Europe collecting it woto woto

People in developed countries would be talking. A Nigerian would also chip in and call Europe a "frozen wasteland".


Lmao grin

2 Likes 1 Share

Re: Dollar Equals Euro For The First Time In 20 Years by talk2maurice(m): 12:35pm On Jul 12, 2022
One day na one day. Naira go equal dollar too.
Re: Dollar Equals Euro For The First Time In 20 Years by Chamber10(m): 12:36pm On Jul 12, 2022
post=114656591:
Let us explain what this means to the layman out there,

While this news may sound good for the dollar,
it could also be a double-edged sword.

Why?  If the dollar becomes too strong, it could harm business for American companies because their goods may become more expensive for foreign buyers. 
And if sales of U.S. exports decrease, that could further slow down an already stalled U.S. economy. 

On the other hand, a strong dollar helps Americans who are traveling in Europe, giving them more buying power. 




We Rise!



Copy and paste. Give credit to the source. Lol

7 Likes 1 Share

Re: Dollar Equals Euro For The First Time In 20 Years by lildonn222: 12:37pm On Jul 12, 2022
Searchingvictor:
OK. When will naira equals pounds
Till donkey grow horns.
Re: Dollar Equals Euro For The First Time In 20 Years by Nobody: 12:39pm On Jul 12, 2022
wman:


Stolen content as usual. CC: Eriggs, Nlpolicewoman, Ilovedemmanna

Lol, He/She should have given credit to whom credit is due…

1 Like

Re: Dollar Equals Euro For The First Time In 20 Years by Buliwyf: 12:40pm On Jul 12, 2022
Morphinne:

Exactly bro. That’s what we’ve been saying concerning the Russia-Ukraine war. The European puppets are just too dumb to see. The United States will never allow a violent riot in their mainland but are ever ready to wage wars in faraway countries. We keep telling these European blockheads that the American fueling this crisis are only doing so for their own gains and spoils. The earlier the Europeans realize that there’s no such thing as good capitalists the better for them and the world at large. No capitalist loves you without a price.

All these guys that have never run a small office but think they can teach another continent how to run their countries lol. Calm down. As you have heard, this has happened before and it will rise back again.
It is better for Europe to face a little bit of hardship now resisting Putin and decoupling their economy from him and growing back later than to just let him have his way to their detriment in the long run. Trust me all this issue will not last more than one year. By next year Western Europe would have stabilized their economic logistics. They are not Africans.
By the way, Europe made the decisions themselves. This has nothing to do with American influence. Inflation is everywhere in the world. The average in Europe is 8%. In Africa the average is almost 20. Yet people are still living in Nigeria. So calm down.
Re: Dollar Equals Euro For The First Time In 20 Years by WowSweetGuy(m): 12:41pm On Jul 12, 2022
Dexterine94:
Less than a week Boris Johnson stepped down,
Euro finally equalled the dollar
UK uses pounds sterling
Re: Dollar Equals Euro For The First Time In 20 Years by Nobody: 12:41pm On Jul 12, 2022
post=114656591:
Let us explain what this means to the layman out there,

While this news may sound good for the dollar,
it could also be a double-edged sword.

Why?  If the dollar becomes too strong, it could harm business for American companies because their goods may become more expensive for foreign buyers. 
And if sales of U.S. exports decrease, that could further slow down an already stalled U.S. economy. 

On the other hand, a strong dollar helps Americans who are traveling in Europe, giving them more buying power. 


We Rise!

Nice insight and simply said in layman terms. Thanks.

2 Likes 2 Shares

Re: Dollar Equals Euro For The First Time In 20 Years by Franking: 12:41pm On Jul 12, 2022
America get sense na.
Re: Dollar Equals Euro For The First Time In 20 Years by LagbajaTheBEREAN: 12:42pm On Jul 12, 2022
Ryda:
Buhari will also make the naira equal dollar before he leaves office.

Reasoning of every APCshit supporter.
Assuming he left the dollar to naira rate the way he met it, many would have absolve his administration of all the messes we are in right now but then, it seems the exchange rate gap will be wider when maigida leaves at the end.

Very sad.
Re: Dollar Equals Euro For The First Time In 20 Years by Nobody: 12:42pm On Jul 12, 2022
This is the effect of war in Ukraine, sanctions are backfiring…

3 Likes

Re: Dollar Equals Euro For The First Time In 20 Years by Buliwyf: 12:42pm On Jul 12, 2022
Ahmed4002:


Serious wotowoto.

Lies. That person posting that thing just doesn't want anyone to ask him for money back home
Re: Dollar Equals Euro For The First Time In 20 Years by Elsueno: 12:43pm On Jul 12, 2022
if I was d U.S, I would be wary of Putin as well......Mahn Russia is freaking lucky sha
Re: Dollar Equals Euro For The First Time In 20 Years by LagbajaTheBEREAN: 12:44pm On Jul 12, 2022
Ahmed4002:


Serious wotowoto.
Beautiful, I love the screen shot.

Since it's harder over there why can't they come back and let those who haven't stepped out of this country replace them or is there's back story they are not telling us.

1 Like

Re: Dollar Equals Euro For The First Time In 20 Years by Buliwyf: 12:48pm On Jul 12, 2022
LagbajaTheBEREAN:

Beautiful, I love the screen shot.

Since it's harder over there why can't they come back and let those who haven't stepped out of this country replace them or is there's back story they are not telling us.

Don't mind them. They are exaggerating. Most of them do that so no one will ask them for money back home.

1 Like 1 Share

Re: Dollar Equals Euro For The First Time In 20 Years by Nsonaso(m): 12:48pm On Jul 12, 2022
Ahmed4002:


Serious wotowoto.

Come house and save.
Re: Dollar Equals Euro For The First Time In 20 Years by Elsueno: 12:49pm On Jul 12, 2022
Buliwyf:


All these guys that have never run a small office but think they can teach another continent how to run their countries lol. Calm down. As you have heard, this has happened before and it will rise back again.
It is better for Europe to face a little bit of hardship now resisting Putin and decoupling their economy from him and growing back later than to just let him have his way to their detriment in the long run. Trust me all this issue will not last more than one year. By next year Western Europe would have stabilized their economic logistics. They are not Africans.
By the way, Europe made the decisions themselves. This has nothing to do with American influence. Inflation is everywhere in the world. The average in Europe is 8%. In Africa the average is almost 20. So calm down.

da hell, Russia is virtually a whole continent, besides I think European leaders are really stufid & overestimated...How could my neighbor be easily delivering oil & gas to me at minimal transportation costs & cheaper than international market, then I decided it's smart to cut him off & go buy at almost 3 times d price, poorer quality from across d ocean.....
And finally, d pressure would be on Africa to try & close the gaps on resources defenceies as most of the countries with these resources are more inclined towards Russia & China after being sanctioned by uncle Sam..... Except Africa which likes to mostly leak European & American asses

5 Likes

Re: Dollar Equals Euro For The First Time In 20 Years by WildChild00(m): 12:51pm On Jul 12, 2022
Nazgul:
No matter how Euro drops it would still be far higher than naira, our currency's continous drop since 2015 is legendary and should become the 8th wonder of the world. undecided


Read the message, it's not talking about our naira
Re: Dollar Equals Euro For The First Time In 20 Years by Lovenorth: 12:51pm On Jul 12, 2022
God bless Putin grin

1 Like

Re: Dollar Equals Euro For The First Time In 20 Years by Elsueno: 12:52pm On Jul 12, 2022
Jokerman:
US will keep dominating for many years to come.... its God's mandate

Shut up, God isn't interested in LGBQT......

2 Likes 1 Share

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