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Nairaland Forum / Nairaland / General / Business / Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market (42046 Views)
Naira Rebounds, Gains N28.15 Against Dollar / Naira Rebounds As Banks Offload Excess Dollars / Traders Lose As Naira Rebounds To 720/Dollar (2) (3) (4)
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Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by sleek214(m): 9:22pm On Nov 13, 2022 |
Keep crashing |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by nelcliff(m): 9:22pm On Nov 13, 2022 |
adekolaelect: As I dey read am, i dey laugh.. 2 Likes 1 Share |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by Ay77(m): 9:22pm On Nov 13, 2022 |
Kyase: Guy � |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by Igboslayer: 9:22pm On Nov 13, 2022 |
A |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by EngrKemp: 9:22pm On Nov 13, 2022 |
Imagine with this pressure,dangote refinery just starts production of petroleum products. That is , stopping all petroleum imports . Wow Dollar to naira official rate will be around 70 to 108 naira be that !!! 8 Likes 1 Share |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by MiaBeer(m): 9:22pm On Nov 13, 2022 |
False Rebound. |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by Munamoqel: 9:23pm On Nov 13, 2022 |
Nanorest:pained speculators sighted . 7 Likes |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by Owolabi97(m): 9:23pm On Nov 13, 2022 |
Eriokanmi:It is already back to $790 1 Like 1 Share |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by BannedUser: 9:23pm On Nov 13, 2022 |
Eriokanmi:It can never drop to 500. CBN rate is around 450. CBN only supplies commercial banks which then resell at around 500. So black market prices can never go below 600 because CBN stopped dollar sales to BDC operators since mid 2021. Even BDC exchange rate just before they were banned was 505/$. |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by iLegendd(m): 9:24pm On Nov 13, 2022 |
The almighty Dollar is being rejected. 1 Like |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by Eriokanmi: 9:24pm On Nov 13, 2022 |
hustla:I know we rely on oil. Pray we get a good leader. Naira will be strengthened the more. This isn't about me deceiving myself. Dollar will drop further. Just watch 8 Likes 1 Share |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by FreeStuffsNG: 9:25pm On Nov 13, 2022 |
Eriokanmi:You are not sorry They were warned 6 Likes |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by spiralwedge(m): 9:25pm On Nov 13, 2022 |
These people and greedy traders are the culprits who don't want good reports from this country. All they want is for things to get worse and they, cashing out all the time. Evil! I pray the dollar crash more and the black market rate is as close to the official forex rate as possible 10 Likes 1 Share |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by GeneralDae: 9:26pm On Nov 13, 2022 |
Eriokanmi:It's not a global thing. Naira suddenly got stronger for some reason. 3 Likes |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by maasoap(m): 9:26pm On Nov 13, 2022 |
Akujuriobi: Nanorest: Thanks to those who looted naira in billions and kept it at home. They would change it at any rate, even if it is 1$ to N1500 4 Likes |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by Eriokanmi: 9:28pm On Nov 13, 2022 |
GeneralDae:Can you tell us why sir? Major currencies in the world are regaining their strength against the dollar right now. NGN isn't left out |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by VULCAN(m): 9:28pm On Nov 13, 2022 |
It's actually you that is an idiot because no sensible economist in the world will back up your statement. A country that exports nothing apart from crude oil and imports expensive petrol, has 90m people in extreme poverty, with a true unemployment rate of 50% and is import dependent for everything cannot have a strong currency. Taking panadol will not cure brain cancer Every plane that flies in with cargo leaves empty, every ship that brings in full containers, leaves with empty ones and you think that changing the colours on the currency will suddenly make it valuable. Jokes Penguin2: 8 Likes |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by adamusuleiman1: 9:29pm On Nov 13, 2022 |
Eriokanmi:That is good. The US economy needs to cool down. 1 Like |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by Eriokanmi: 9:29pm On Nov 13, 2022 |
Owolabi97:I bought at far less yesterday here in lagos. 4 Likes |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by stano2(m): 9:29pm On Nov 13, 2022 |
Penguin2:There is no benefit in the aspect of parallel market as long as we keep borrowing and continue importing everything |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by Munamu: 9:30pm On Nov 13, 2022 |
Eriokanmi: Who says it is not about naira redesign? Did you not notice that there is a sharp increase in prices of commodity goods? A brand new tyre being sold around 18k is not 22k witnin 2 weeks. Prices of agricultural produce are increasing daily, despite the bountiful harvest. My take is that people prefer to buy goods with the hoarded naira than converting it to dollar. 6 Likes |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by adamusuleiman1: 9:31pm On Nov 13, 2022 |
Winning123:I agree with your submission. 2 Likes |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by olibeans: 9:31pm On Nov 13, 2022 |
Fake News |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by Eriokanmi: 9:33pm On Nov 13, 2022 |
Winning123:Check the major currencies of the world as they're currently regaining their strength . GBP and Euro also lost value against the USD weeks back but now, they've appreciated against USD, others aren't left out |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by Barims(m): 9:34pm On Nov 13, 2022 |
3 Likes 3 Shares |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by Frezhkid10(m): 9:35pm On Nov 13, 2022 |
Akujuriobi:I still bought 680 today bro..no dy use Binance usdt determine the price.. 17 Likes |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by adecz: 9:35pm On Nov 13, 2022 |
Everything in Nigeria is risky... 3 Likes 2 Shares |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by Eriokanmi: 9:36pm On Nov 13, 2022 |
Munamu:Not about Naira redesign, all currencies are regaining their strength globally as we speak. Just check it. 2 Likes |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by Eriokanmi: 9:38pm On Nov 13, 2022 |
Akujuriobi:Maybe they've scammed you . Many more would still be scammed this way and that's why information is key. I bought at Allen at far less yesterday. Today na Sunday, na for where you come go buy? 3 Likes |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by Snitch24(m): 9:39pm On Nov 13, 2022 |
Lmao Propaganda Its back up guys |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by Frawdboiy: 9:41pm On Nov 13, 2022 |
iLegendd:Who could've predicted this 2 Likes |
Re: Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market by Munzy14(m): 9:44pm On Nov 13, 2022 |
adekolaelect:Heart attack for BDC and my save your money in Dollars crew 7 Likes |
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