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Nairaland Forum / Nairaland / General / Business / Naira Appreciates To N1,250/$ At Parallel Market (18078 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 Appreciates To N1,250/$ At Parallel Market by Barzinime(m): 12:20pm On Apr 02 |
Don't waste your time on them. You think most of them read or understand what's happening? All they want to hear is bad news.... nothing else matters Putindbutt: |
Re: Naira Appreciates To N1,250/$ At Parallel Market by Front0lane: 12:21pm On Apr 02 |
Even if the refinery don't work till 4040 your papa money de inside Dangote refinery ?! The obidient that claim it won't work till 9090 can you tell us when Orient Refinery the Pandora cursed criminal n bastard Peter Obi Peter spent state money state producing fuel almost 20 years after it was commissioned with propaganda. tollyboy5: 1 Like |
Re: Naira Appreciates To N1,250/$ At Parallel Market by xavuv: 12:21pm On Apr 02 |
💯 MT: |
Re: Naira Appreciates To N1,250/$ At Parallel Market by id4sho(m): 12:22pm On Apr 02 |
Melagros: Ask the traders, government won't force marketers |
Re: Naira Appreciates To N1,250/$ At Parallel Market by Kukutente23: 12:24pm On Apr 02 |
MT:If you operate with illegal BDC that is your problem. But besides that it is a cheap lie to say the illegal BDC will sell dollars for you cheaper than the licensed one that is getting directly from CBN. How's that possible You're just a cheap, incorigible liar And to even think you have the nerve to quote rates from illegal BDCs and even giving silly explanations What is the price of fuel today? Is it the price from filling stations or black market traders you think we should go with? Dumbo!! |
Re: Naira Appreciates To N1,250/$ At Parallel Market by Riskymarvelous(m): 12:25pm On Apr 02 |
EmperorCaesar:dollar must come back to ₦216 where Dey met it if not they are all failure |
Re: Naira Appreciates To N1,250/$ At Parallel Market by drimzsmoke(m): 12:28pm On Apr 02 |
Shedrick: Sir, If you want to buy/sell dollar now now now, below is the buy and sell rate!!!
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Re: Naira Appreciates To N1,250/$ At Parallel Market by MT: 12:32pm On Apr 02 |
Kukutente23: You see the folly of jumping like a frog into argument without asking questions. I took dollars to the parallel market and he gave me naira. I sell to the Mallam. So if i want to change money, I will be asking Mallam to show me his license before I can transact. Too much foolishness deposited in just one body. I wonder how that makes you feel 2 Likes 1 Share |
Re: Naira Appreciates To N1,250/$ At Parallel Market by blacknp(m): 12:34pm On Apr 02 |
tollyboy5:Dangote’s refinery which is a private owned business, is propaganda to you? Don’t know why some people just hate the fact of their existence, whose fault say they born you for The Federal Republic of Nigeria? |
Re: Naira Appreciates To N1,250/$ At Parallel Market by stasius: 12:35pm On Apr 02 |
proff010: Amen |
Re: Naira Appreciates To N1,250/$ At Parallel Market by Gorgeous4lyf(m): 12:38pm On Apr 02 |
helinues: Give them credit for what exactly? For taking the FX from around 700 to nearly 2000? Or that APC carried us from around 260 to 700 during Buhari? Or the fact that they campaigned to make one Naira equal to a Dollar? We are not all fools in Nigeria. |
Re: Naira Appreciates To N1,250/$ At Parallel Market by Jughead29: 12:40pm On Apr 02 |
Like I said last time, from here to N900/$ if it breaks this zone or straight back to N1500 |
Re: Naira Appreciates To N1,250/$ At Parallel Market by blacknp(m): 12:40pm On Apr 02 |
Gorgeous4lyf:Have you asked yourself why it was trading @ 260 back then? |
Re: Naira Appreciates To N1,250/$ At Parallel Market by MT: 12:43pm On Apr 02 |
@Kukutente23: It is my money. Why are you crying more than the bereaved. Hit any Sabo, you will know that theory is not practical. That prices you see on the internet is not obtainable on the street. Learn to be civil 1 Like |
Re: Naira Appreciates To N1,250/$ At Parallel Market by helinues: 12:44pm On Apr 02 |
Gorgeous4lyf: If you can't give credit when they do the right thing, then you have no moral justification to question them when they do the wrong thing. Logically |
Re: Naira Appreciates To N1,250/$ At Parallel Market by Kukutente23: 12:46pm On Apr 02 |
MT: Crying? Lol. You must mistake me for someone else. I was civil before you started with the insults The fact is the CBN already pegged the rates at which BDCs can buy and sell dollars which is why you see that their quoted prices fall below the official market. That's the reason not your claim of hedging. No one will hedge by selling less especially when they are getting steady supply from CBN And like I told you, based on CBN policy, you have no reason selling for less. The CBN actually wants those dollars to come into the system cheaply. So you just robbed yourself by selling less. Simplicita |
Re: Naira Appreciates To N1,250/$ At Parallel Market by Krankhead: 12:50pm On Apr 02 |
Melagros:Go and ask the people that are wicked and making the price high |
Re: Naira Appreciates To N1,250/$ At Parallel Market by MT: 12:50pm On Apr 02 |
Kukutente23: Your first message on this post - you stated I was writing "jargons". Was that not insulting? Cant you make your case in a civil, responsible manner? Cant we have a simple gentleman discourse and learn from it? Most people that are on the streets are unlicensed. And when the entire sabo market is telling you the same rate, what can you in that in stance. In fairness to them, they sell with 5 naira differential from the price they bought it. How many licensed do we have in the whole of Nigeria but CBN regulating prices affects those unlicensed from selling on the high, which is good. 1 Like |
Re: Naira Appreciates To N1,250/$ At Parallel Market by thesicilian: 12:53pm On Apr 02 |
oliverwrites:Sometimes I wonder if some of you were homeschooled by busy parents. Your level of comprehension is abysmal |
Re: Naira Appreciates To N1,250/$ At Parallel Market by Kukutente23: 12:55pm On Apr 02 |
MT:Sorry. I didn't know saying you're writing jargons is an insult. You don't need to change dollars on the street. You can change it through your dom account. Reason people previously embraced the streets is the higher value they get. Reason CBN pegged them lower is to encourage people to bring their dollars to the official sources. |
Re: Naira Appreciates To N1,250/$ At Parallel Market by MT: 12:57pm On Apr 02 |
Kukutente23: Thanks and apologies for responding harshly. i was at GTB bank, I asked the lady in charge of the DOM if i could get a value for my dollars in naira, she said no. I had to go through the rigours of withdrawing, and took it to the street. Next time, I would insist to speak to the Manager. At least, you have got me educated in that regards. Thank you. 1 Like |
Re: Naira Appreciates To N1,250/$ At Parallel Market by yommen: 12:59pm On Apr 02 |
Melagros: A lot of business will pick up again. Those in importation business will feel a sigh of relieve. |
Re: Naira Appreciates To N1,250/$ At Parallel Market by commoditiesnig: 1:11pm On Apr 02 |
Re: Naira Appreciates To N1,250/$ At Parallel Market by oliverwrites: 1:33pm On Apr 02 |
thesicilian:I read your post again and it may well be that you are being genuine but the way some group of people behave on here makes it easy to make the conclusion I made. For me, the naira being useless favours me but I am not callous and want the growth of the whole country as there is more prosperity when the country grows than when a few people are rich. |
Re: Naira Appreciates To N1,250/$ At Parallel Market by TrackerSK: 1:41pm On Apr 02 |
DenreleDave: |
Re: Naira Appreciates To N1,250/$ At Parallel Market by easzypeaszy(m): 1:53pm On Apr 02 |
Melagros:blame ur Igbo business ppl for dat. Meanwhile na Dem go suffer am later 1 Like |
Re: Naira Appreciates To N1,250/$ At Parallel Market by zionstaar75: 2:04pm On Apr 02 |
Melagros:wailing wailer who promised you anything. U go cry tire because you are an enemy of Nigeria |
Re: Naira Appreciates To N1,250/$ At Parallel Market by zionstaar75: 2:07pm On Apr 02 |
Edoreborn:I'm not sure u went to school. They quoted bdc operator and you're shouting propaganda because your Evi expectations is not happening. You're an evil enemy of Nigeria |
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