Naira - Dollar Exchange Rate Might Soon Get To N1,000 To $1 Because Of This. - Business - Nairaland
Nairaland Forum › Nairaland General › Business › Naira - Dollar Exchange Rate Might Soon Get To N1,000 To $1 Because Of This. (952 Views)
| Naira - Dollar Exchange Rate Might Soon Get To N1,000 To $1 Because Of This. by Ken4Christ(op): 12:39pm On Oct 31, 2022 |
The present decision by CBN to change the design of the naira note is a good decision but it might raise the exchange rate of Naira to dollar as most of the people hoarding this money might not want to take them to the bank. So, the only way to ensure that they don't lose their money is to change them to dollars. And the rush for dollars will certainly raise the exchange rate. This will in turn cause inflation and increase hardship. Has the government thought about this? What is your take? 2 Likes |
| Re: Naira - Dollar Exchange Rate Might Soon Get To N1,000 To $1 Because Of This. by Iniemi: 12:45pm On Oct 31, 2022 |
Ken4Christ:that's a hard fact nobody will argue with 1 Like |
| Re: Naira - Dollar Exchange Rate Might Soon Get To N1,000 To $1 Because Of This. by sirjustice1575(m): 12:49pm On Oct 31, 2022 |
Buhari and APC government has killed the Nigeria economy. And Tinubu is insisting to continue from where Bubu wants to stop. Never again will APCshit rule us again. 2 Likes
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| Re: Naira - Dollar Exchange Rate Might Soon Get To N1,000 To $1 Because Of This. by shortIGBOman: 1:03pm On Oct 31, 2022 |
The CBN Governor, Godwin Emefele who is an IGBO man, caused this. The man is incompetent. 1 Like
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| Re: Naira - Dollar Exchange Rate Might Soon Get To N1,000 To $1 Because Of This. by IGBOSON1: 1:13pm On Oct 31, 2022 |
shortIGBOman:Hehehehehe  This one cracked me up! Ika are Igbo when it suits your anti-Igbo tirade….and not when it doesn’t!  1 Like |
| Re: Naira - Dollar Exchange Rate Might Soon Get To N1,000 To $1 Because Of This. by Ken4Christ(op): 5:56pm On Oct 31, 2022 |
shortIGBOman:Don't add tribal dimension to this. He is under authority. |
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