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Why The Naira Is Now Gaining Against The Dollar - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / Why The Naira Is Now Gaining Against The Dollar (55939 Views)

After Raising Hopes, Naira Depreciates Against The Dollar By 5.8% In April / When The Naira Was Stronger Than US Dollar (Throwback) / ‘Anyone Caught Abusing The Naira Will Face Jail Terms’ – CBN Warns Nigerians (2) (3) (4)

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Re: Why The Naira Is Now Gaining Against The Dollar by Nobody: 2:47pm On Jun 18, 2021
angry... Just Leave the Naira to finds it's real market Value jare undecided lipsrsealed lipsrsealed
Re: Why The Naira Is Now Gaining Against The Dollar by SouthSouth1914: 2:48pm On Jun 18, 2021
This isn’t any gain Na.., you lost 500metres and gained 20metres is that one gain?

1 Like

Re: Why The Naira Is Now Gaining Against The Dollar by Nobody: 2:48pm On Jun 18, 2021
Good.

If the naira can get more stronger against the dollar, it is highly likely that inflation will fall and price of foodstuffs will fall.

It is funny that we live in a country where the weakness of the naira against the dollar can affect locally grown foods because of greed.

Imagine a meat, garri or tomatoes seller increasing his or her price because of the weakness of the naira against the dollar.

3 Likes 1 Share

Re: Why The Naira Is Now Gaining Against The Dollar by nyiamfrank: 2:48pm On Jun 18, 2021
Some people have no shame

1 Like

Re: Why The Naira Is Now Gaining Against The Dollar by lazkizz(m): 2:48pm On Jun 18, 2021
Abeg I no understand
Pls can someone explain it in lane mans language

1 Like 1 Share

Re: Why The Naira Is Now Gaining Against The Dollar by iLegendd(m): 2:48pm On Jun 18, 2021
Laugh
Re: Why The Naira Is Now Gaining Against The Dollar by Nobody: 2:48pm On Jun 18, 2021
Well, I don't see the most important thing to make the naira on par with the dollar

And that's productivity.
Re: Why The Naira Is Now Gaining Against The Dollar by Nobody: 2:48pm On Jun 18, 2021
there is nothing to see here. cbn wants to pump forex periodt
Re: Why The Naira Is Now Gaining Against The Dollar by TempUser: 2:49pm On Jun 18, 2021
This post is because naira gained 3 against the usd

One step forward, three steps back.

grin

1 Like

Re: Why The Naira Is Now Gaining Against The Dollar by angelfallz(m): 2:50pm On Jun 18, 2021
We're importing too much and exporting too little

2 Likes

Re: Why The Naira Is Now Gaining Against The Dollar by SenecaTheYonger: 2:50pm On Jun 18, 2021
It has nothing to do with any of Nigeria's policies. Didn't you listen to Powell's speech yesterday on interest rates for American's?
Re: Why The Naira Is Now Gaining Against The Dollar by VanBommel(m): 2:51pm On Jun 18, 2021
OP you're a clown.

2 Likes 1 Share

Re: Why The Naira Is Now Gaining Against The Dollar by obinna4Jesus(m): 2:51pm On Jun 18, 2021
Well........
Re: Why The Naira Is Now Gaining Against The Dollar by Nobody: 2:51pm On Jun 18, 2021
BanevsJoker:
The naira is not gaining. Rather, the dollar is dropping. All thanks to Sleepy Joe's policies.

sleepy joe beat your orange god. keep drinking right-wing coolaid and at the same running from UGM and Fulani herds men.....

2 Likes 1 Share

Re: Why The Naira Is Now Gaining Against The Dollar by biggie73(m): 2:52pm On Jun 18, 2021
This is no gain. A gain is #1 exchange for $1.
Re: Why The Naira Is Now Gaining Against The Dollar by koife(m): 2:54pm On Jun 18, 2021
Pumping dollar into the local market to halt naira sliding is a very bad economic strategy. Best way remain sound policy, export of Goods and service via industrialization and production, encourage local industry and give teeth to local content law.
Now I understand why forex landed in certain airport and efcc and other agencies counted them for hours. Nja and emefiafool, una wehdone. Una wan hold Dollar to save una oga from tongue of Nigerians. I wonder how much dollar una go ferry in to make it 1$/1Naira undecided

4 Likes 3 Shares

Re: Why The Naira Is Now Gaining Against The Dollar by 0dav2(m): 2:55pm On Jun 18, 2021
kambili999:
Wait a sec. I'm the first to comment??

Yippie. grin grin grin

Well we hope things get better



cangratulatians!!
Re: Why The Naira Is Now Gaining Against The Dollar by htdot: 2:55pm On Jun 18, 2021
OmoManU:
The Emefielenomics is not working it's part of what even failed the Buhari's govt, i don't know why he hasn't been sacked all the while
If the problems were from Emefielenomics , buhari would have sacked it long time ago.
Re: Why The Naira Is Now Gaining Against The Dollar by EmmanuelScott1(m): 2:55pm On Jun 18, 2021
As Elon musk is controlling crypto world, so as bubu is diminishing naira grin grin

When I will concur that naira is gaining is when e be 210/1 per dollar, infact dollar is not even moving but naira is the one suffering grin grin

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Re: Why The Naira Is Now Gaining Against The Dollar by ibtommy(m): 2:57pm On Jun 18, 2021

1 Like

Re: Why The Naira Is Now Gaining Against The Dollar by Deicide: 2:59pm On Jun 18, 2021
How much they pay you to post this rubbish ?

2 Likes

Re: Why The Naira Is Now Gaining Against The Dollar by Badmanlalajoshi(m): 2:59pm On Jun 18, 2021
I wantu eat
Re: Why The Naira Is Now Gaining Against The Dollar by Selfy(m): 2:59pm On Jun 18, 2021
Bunch of noise makers

They want to make us believe the Naira is gaining meanwhile their aim is to raise $1 to #600.
Re: Why The Naira Is Now Gaining Against The Dollar by kenniefawole(m): 3:00pm On Jun 18, 2021
angelfallz:
I believe the blogging market is over saturated. Unless you can find an untamed niche.

Yes it is , if you can find an untamed niche and a genuine way of getting traffic then you good to go , averagely people never get tired of visiting the internet

1 Like

Re: Why The Naira Is Now Gaining Against The Dollar by Trentee4eva: 3:00pm On Jun 18, 2021
This post is mischievous. Children of deceit
Re: Why The Naira Is Now Gaining Against The Dollar by tnerro1(m): 3:03pm On Jun 18, 2021
You sure CBN is not photoshopping the Naira grin
Re: Why The Naira Is Now Gaining Against The Dollar by FLYFIRE(m): 3:04pm On Jun 18, 2021
Thinktwicemybro:
Gain as how? 210 in 2015, 496 in 2021.
Gain indeed, Nigerians now buy fish for #1500.
Unfortunately bro, APC, BMC Crew, the zombies & the OP have all now bought & operate on fish BRAINS grin grin grin

2 Likes

Re: Why The Naira Is Now Gaining Against The Dollar by gidob(m): 3:06pm On Jun 18, 2021
kambili999:
Wait a sec. I'm the first to comment??

Yippie. grin grin grin

Well we hope things get better




Do give away na

1 Like

Re: Why The Naira Is Now Gaining Against The Dollar by piagetskinner(m): 3:06pm On Jun 18, 2021
Do you need an iPhone X with all its accessories? Fresh UK Used?

check my profile

Second advert

Thanks
Re: Why The Naira Is Now Gaining Against The Dollar by zanshi: 3:07pm On Jun 18, 2021
CBN stop behaving like dolts

This is 2021 get rid of this patronage sys called Burea...... and get the banks to sell dollars to folks who need it.

It is because of your useless polcies we had parallel market exchange rate which made the naira worthless as it is today, IMF warned along with other experts you said you know what you were doing.


No country does business like this.

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