Investor & Exporter Window Crashes to All Time Low At N788.42/$1 - Business

Investor & Exporter Window Crashes to All Time Low At N788.42/$1 - Business - Nairaland

Nairaland Forum › Nairaland General › Business › Investor & Exporter Window Crashes to All Time Low At N788.42/$1 (30529 Views)

1 2 3 4 5 6 7 Reply (Go Down)

Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by Nemere2020(op): 8:25pm On Jul 11, 2023

The exchange rate between the naira and the dollar fell to as low as N788/.42/$1 on the I&E window at trading Tuesday, July 11, 2023.

This represents a 5.96% depreciation from the previous day’s close of N744/$1.

This is also the lowest the naira has fallen against the dollar on the official I&E window since its inception in 2017. and lowest since the window was revised on June 14, 2023.

Before now, the lowest was N770.38/$1 on the 19th of June 2023 just three days after the new window came into operation.

The exchange rate has traded at an average of about N746/$1 for the last 14 trading days.

https://nairametrics.com/2023/07/11/ie-window-crashes-to-all-time-low-at-n788-42-1/

6 Likes 2 Shares

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by MykellOni(m): 9:44pm On Jul 11, 2023*

Attendance: Present ✔️
Hmmmm this one wey naira dey devalue everyday by day so., Omoh I hope say e don dey favour all those it will favour me and my family peeps them so o.
I jz pray say no be from fry pan to fire we dey go so. It is well!

97 Likes 11 Shares

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by crackhouse(m): 9:44pm On Jul 11, 2023

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by salbis(m): 9:45pm On Jul 11, 2023

This government will favour me and my family crew are getting their own exchange rate at 410 naira to a dollar.

Las las una must get sense sha.

250 Likes 24 Shares

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by sotall(m): 9:45pm On Jul 11, 2023

One step forward, five steps backwards.

Anytime you hear a news like this, the next day expect hyper inflation.

126 Likes 14 Shares

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by whizzler: 9:45pm On Jul 11, 2023

Hmmmm

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by Manson1(m): 9:45pm On Jul 11, 2023

Hmmm. It's well

See our just concluded 3bedroom bungalow construction if you're about starting your building project.. Link in my signature. Plus we offer building designs and construction services nationwide

1 Like 1 Share

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by ShenTeh(m): 9:45pm On Jul 11, 2023*

They say people should be patient, meanwhile the politicians are unwilling to make any modest sacrifice. While the people are suffering and smiling, the politicians are behaving as though they don't know what's going on.

May Nigeria succeed.

81 Likes 4 Shares

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by Nobody: 9:46pm On Jul 11, 2023

May this news favour me and my family

68 Likes 6 Shares

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by Abyx1234(m): 9:46pm On Jul 11, 2023

1 Like

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by Blaze14k: 9:46pm On Jul 11, 2023

According to agbadorians may this administration favour me and my family. Who will imagine that pounds to naira will exceed 1000. We are getting BATIFIED

LET THE POOR BREATHE😂😂

Even aboki no fit do business as usual😂🤣😂

117 Likes 11 Shares

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by Ekemz: 9:46pm On Jul 11, 2023

Ladies and gentlemen, tighten your seat belts 😊
We are in for a long ride 🤗

45 Likes 3 Shares

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by Opolopoopolonio: 9:46pm On Jul 11, 2023

Sweet

Everybody go and earn dollar

Head or tail, I am happy

8 Likes 2 Shares

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by Sulele04(m): 9:46pm On Jul 11, 2023

I don't even know what the plans is tbh.

During campaign, Tinubu said from day 1 he will hit the ground running, it is over 1 months there is no economic council yet, he sacked the Cbn governor where is the replacement.

What is delaying the appointments, before Tinubu was sworned in he didn't know who is going he is going to make it or what.

All these harsh economic policies on the poor is expected considering the state of the economy but atleast we have to see the plan, where is the money going, what has been done to reduce the cost of governance.

People can't be suffering in vain, there has to be a clear plan you can't take from the poor to feed the rich, there has to be a clear plan atleast by the end of this year, the situation can't keep getting worse only a matter of time before Nigerians hit the street.

51 Likes 6 Shares

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by ReubenE(m): 9:46pm On Jul 11, 2023*

Na ECOWAS chairmanship we dey celebrate. Maybe by the time we wake up, more national problems would have been added to the already existing ones

Most Nigerians love being lied to, for reasons that are not clearly known.
We always abandon critical issues in our national life to gloat over irrelevant issues.
Issues such as this will not be at the vanguard of national discourse but how XYZ leader is this and that.

Things are just so expensive outside.

88 Likes 4 Shares

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by omoadeleye(m): 9:46pm On Jul 11, 2023

Uhm

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by bassdow: 9:46pm On Jul 11, 2023

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by Abyx1234(m): 9:46pm On Jul 11, 2023

crackhouse:
Ok

Okkkkkk

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by bassdow: 9:46pm On Jul 11, 2023

Despite Banning AbokiFx, their App is still in use by the Aboki's. That's what they use. CBN only made them stop using the website. But the APPs still continues to function and almost all the ABOKIs have it on their Android phones.

Before they make any transaction, they either make a CALL or they check the App.

Government think they could easily control certain things

20 Likes 1 Share

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by okuta007: 9:47pm On Jul 11, 2023

may this agbadorian regime favour me and my family ooo🤣 - the rain go beat everybodi oo weda u allow tribalism blind u oo or hate for one particular common sense candidate

everybodi go hear am 😂

45 Likes 7 Shares

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by 12345baba(m): 9:47pm On Jul 11, 2023

Have they finished hitting the ground running already?

51 Likes 4 Shares

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by 43Ronin: 9:47pm On Jul 11, 2023

It will soon get to 1k but even at that, it will still favor me and my family

61 Likes 4 Shares

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by jumokeadele(m): 9:47pm On Jul 11, 2023

will this dollar ever go back like this

7 Likes

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by CondemnBattery(f): 9:47pm On Jul 11, 2023

I just hope this president select won't plunge the economy into the abyss before been kicked out

46 Likes 7 Shares

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by Ikaeniyan0: 9:47pm On Jul 11, 2023

President tinubu when will you start supporting the poor with palliatives nah? The street is not smiling.

8 Likes 3 Shares

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by SpecialAdviser(m): 9:47pm On Jul 11, 2023

Expect all the useless initial gra gra propagandists to go into hiding at this news. Horrible people

74 Likes 8 Shares

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by Olukat(m): 9:47pm On Jul 11, 2023

It makes no sense to deceive ourselves in this way.
That people are suffering and hoping for a change doesn't MEAN they are stupid shocked

What gibberish is this? sad

Nonsense

11 Likes 2 Shares

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by Aremwayne: 9:48pm On Jul 11, 2023

1 Like

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by chrisifeanyi: 9:48pm On Jul 11, 2023

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by BarrElChapo(m): 9:49pm On Jul 11, 2023

Is this how much aboki will sell for today?

4 Likes

Re: Investor & Exporter Window Crashes to All Time Low At N788.42/$1 by bassdow: 9:49pm On Jul 11, 2023

bassdow:
Despite Banning AbokiFx, their App is still in use by the Aboki's. That's what they use. CBN only made them stop using the website. But the APPs still continues to function and almost all the ABOKIs have it on their Android phones.

Before they make any transaction, they either make a CALL or they check the App.

Government think they could easily control certain things

1 Like

1 2 3 4 5 6 7 Reply

Naira Crashes To All-time Low, Hits N1043.09/$1 At Official Market • Naira Falls To Record Low At I&E Window, Trades ₦‎993/$ • Naira Crashes To Record Low At Official Market • 2 • 3 • 4

Couple Donate N1m To Man Who Lost His Business To Onitsha Fire (photos • Banks Begin Collection Of Old Naira Notes Despite CBN’s Denial Of Directive • Tony Elumelu Spent His Weekend With His Daughters (Photos)