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Nairaland Forum / Nairaland / General / Business / Can the Naira Regain Its Strength Against the Dollar? (453 Views)
Why The Naira Is Now Gaining Against The Dollar / How Can The Naira Regain Its Value After Losing It? / When The Naira Was Stronger Than US Dollar (Throwback) (2) (3) (4)
Can the Naira Regain Its Strength Against the Dollar? by Grit2943(m): 5:29pm On Apr 30, 2023 |
Good evening everyone. Please what can be done to have the naira strengthened against the dollar? The current exchange rate has made the price of all imported items like vehicles, electronic gadgets etc skyrocketed. |
Re: Can the Naira Regain Its Strength Against the Dollar? by Nobody: 5:40pm On Apr 30, 2023 |
All those politicians you voted into power are BDC operators with stacked Dollars and pounds. So when dollar drops to N260, they will lose massively. When it increases, there money doubles automatically. Do you know understand what is happening? 2 Likes |
Re: Can the Naira Regain Its Strength Against the Dollar? by Yourprick: 5:44pm On Apr 30, 2023 |
More export and less import, we don't produce anything here 5 Likes |
Re: Can the Naira Regain Its Strength Against the Dollar? by maleekberry: 5:48pm On Apr 30, 2023 |
If the incoming administration gets it right in its 8years. 1 Like |
Re: Can the Naira Regain Its Strength Against the Dollar? by Kenneth4u205(m): 5:48pm On Apr 30, 2023 |
Yes .just sack the CBN governor and replace him with someone that is qualified .not based on tribe 2 Likes |
Re: Can the Naira Regain Its Strength Against the Dollar? by nairalanda1(m): 6:02pm On Apr 30, 2023 |
Yourprick: Verry true. To add...more export of manufactured goods...because with manufactured goods we set the price and can earn more money 1 Like |
Re: Can the Naira Regain Its Strength Against the Dollar? by Nobody: 6:06pm On Apr 30, 2023 |
Yourprick: Are you aware that China exports more than Jordan, Britain and america today? |
Re: Can the Naira Regain Its Strength Against the Dollar? by Nobody: 6:07pm On Apr 30, 2023 |
nairalanda1: Are you aware that Vietnam exports more than most countries in the west today? |
Re: Can the Naira Regain Its Strength Against the Dollar? by nairalanda1(m): 6:08pm On Apr 30, 2023 |
CondenseMilk: We should follow their example. |
Re: Can the Naira Regain Its Strength Against the Dollar? by Nobody: 6:09pm On Apr 30, 2023 |
nairalanda1: Please check their currency rate and get back to me |
Re: Can the Naira Regain Its Strength Against the Dollar? by nairalanda1(m): 6:10pm On Apr 30, 2023 |
CondenseMilk: We should follow their example, and more importantly, be like China, Germany and Japan too...and export more manufactured goods and services. So, export more like Vietnam, and make it manufactured goods and services like China and Germany and Japan. 1 Like |
Re: Can the Naira Regain Its Strength Against the Dollar? by Grit2943(m): 6:13pm On Apr 30, 2023 |
CondenseMilk:Hmm! I understand perfectly. Thank you |
Re: Can the Naira Regain Its Strength Against the Dollar? by DMerciful(m): 6:33pm On Apr 30, 2023 |
Only person like Peter Obi has the political and economic will to make this happen. The other politicians are benefitting from the high exchange rates because they store their money in dollars Grit2943: |
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