Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,150,399 members, 7,808,431 topics. Date: Thursday, 25 April 2024 at 11:51 AM

Dollar: Besides Hoarding Dollar, How Do You Hedge Against Naira Devaluation? - Investment - Nairaland

Nairaland Forum / Nairaland / General / Investment / Dollar: Besides Hoarding Dollar, How Do You Hedge Against Naira Devaluation? (241 Views)

Consider This If You Want To Hedge Against Inflation / Why Is Dollar Rising Against Naira In The Black Market / Fpounds, Doller Crashed Against Naira, Abokifx.com Shut Down (2) (3) (4)

(1) (Reply) (Go Down)

Dollar: Besides Hoarding Dollar, How Do You Hedge Against Naira Devaluation? by Sukersoc: 10:03am On Aug 10, 2022
Besides hoarding Dollar, how else do you hedge against Naira devaluation?
Re: Dollar: Besides Hoarding Dollar, How Do You Hedge Against Naira Devaluation? by Snitch24(m): 10:07am On Aug 10, 2022
I buy treasury Bill
It's better than just keeping the money in your account
Re: Dollar: Besides Hoarding Dollar, How Do You Hedge Against Naira Devaluation? by Sukersoc: 12:51pm On Aug 10, 2022
Snitch24:
I buy treasury Bill
It's better than just keeping the money in your account

But treasury bills returns less than 10% per annum, when the naira could loose 10% in a week as we witnessed recently. This is beside inflation o.
Re: Dollar: Besides Hoarding Dollar, How Do You Hedge Against Naira Devaluation? by ayoncox: 5:05pm On Aug 10, 2022
Sukersoc:
Besides hoarding Dollar, how else do you hedge against Naira devaluation?
Chat me up on 08089456258 let me show you how to earn 10 to 25% along side your original cash via arbitrage
Re: Dollar: Besides Hoarding Dollar, How Do You Hedge Against Naira Devaluation? by Snitch24(m): 6:42pm On Aug 10, 2022
Sukersoc:


But treasury bills returns less than 10% per annum, when the naira could loose 10% in a week as we witnessed recently. This is beside inflation o.
I do 3.5% for 96days with my savings

(1) (Reply)

Best Way To Learn About Cryptocurrency / Buy A House In Brazil For 14M And Re-coup In 10 Years(photos) / How To Invest In Crypto (everything You Need To Know)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 9
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.