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Nairaland Forum / Nairaland / General / Business / Naira Rises To N1,580/$ In Parallel Market (9210 Views)
Naira Rises By 7.7% As Official Exchange Rate Close At ₦1,142/$ / Naira Rises To ₦1,450/$ After CBN Hiked Interest Rate / Naira Appreciates From 1310/$ To 1300/$ In Parallel Market (2) (3) (4)
Re: Naira Rises To N1,580/$ In Parallel Market by Vision101(m): 12:46am On Mar 21 |
Splashme:Tell us the patch patch that they are doing. |
Re: Naira Rises To N1,580/$ In Parallel Market by Splashme: 5:40am On Mar 21 |
Vision101: Borrowing here and there to subsidise Dollar supply, Raiding and threatening BDC operators Restricting funds transfers even for foreign education Increasing import tariffs Increasing interest rates Etc etc etc ... all these will only provide temporary relief. It's like a man digging a hole to cover another hole |
Re: Naira Rises To N1,580/$ In Parallel Market by Splashme: 5:49am On Mar 21 |
Putindbutt: Oga, Cardi B is a small boy in terms of intelligence compared to Emefiele. Didn't Emefiele do all these things Cardi B is doing now? Borrowing here and there to subsidise Dollar supply, Raiding and threatening BDC operators Restricting funds transfers even for foreign education to discourage demand for fx. Increasing import tariffs Increasing interest rates Etc etc etc ... But you see, all these will only provide temporary relief. It's like digging a hole to fill another hole. . |
Re: Naira Rises To N1,580/$ In Parallel Market by Putindbutt: 9:05am On Mar 21 |
Splashme:Cardoso's policies are producing results, mention one Emefiele's policy that was effective. Ode boy. |
Re: Naira Rises To N1,580/$ In Parallel Market by Vision101(m): 11:08pm On Mar 21 |
Splashme:An economy is managed by fiscal and monetary policies. All that you listed fall into these. Abi, do you want our economy to be rudderless and you will be pleased 😀? |
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