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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% (24816 Views)
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Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by lekankolade(m): 9:49pm On Aug 14, 2023 |
Taylor90: You’re everywhere constituting nuisance….. it’s like Tinubu is holding your dad balls …. You better get a life cos the crying go long gaaaaan for you 5 Likes |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by AllenSpencer: 9:49pm On Aug 14, 2023 |
118% 😳😳😳😳 1 Like |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by YesDaddyTill203: 9:53pm On Aug 14, 2023 |
Taylor90:M kpuru mirri and cannibalism are bad for your mental and physical health. Better seek mental health care fast before you hit the market square naked. 4 Likes 2 Shares |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by mariahAngel(f): 9:54pm On Aug 14, 2023 |
nedekid: As in! They should not even dare to get any funny ideas. 1 Like |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by SunTzu123(m): 9:55pm On Aug 14, 2023 |
Flangelo12:1. Improve balance of trade. How you ask? By increasing exports! In Nigeria s case it's easier; if we truly saving N1T every two months from subsidy, why not fix our refineries? Palliatives is another subsidy fraud! (By the way, do you know ANYONE who received TraderMonie?) If our refineries are working, we will not be importing fuel! Devaluing your currency actually helps if you are an exporting economy! (China makes sure the yen is always lower valued against the dollar!) Why is NO ONE talking about getting our refineries back to work so that Nigeria becomes a net exporter of refined petroleum products? 4 Likes 1 Share |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by 007kjb: 10:05pm On Aug 14, 2023 |
Flangelo12: Good governance Good GOVERNMENT policies Devaluation have never helped any country |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by Cajal(m): 10:09pm On Aug 14, 2023 |
Revolution2022:Argentina has one the strongest economy G20 |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by badoh(m): 10:11pm On Aug 14, 2023 |
sonnie10:Tell us the strategy you would have implemented to make the Naira stronger. For how long will you continue to subsidize fuel and allow unscrupulous elements to keep feeding fat on the nations' Treasury?. 2 Likes 1 Share |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by Akamon(m): 10:13pm On Aug 14, 2023 |
Nigeria has a youth population that lacks educational improvement. They believe the world is local with boundaries called their country. They are unable to apply what they learnt in school to the world realities and continue to deceive themselves based on tribal, religious and party lines. They don't read to learn and apply their knowledge to daily realities, yet they want power to be transitioned to them(What a hypocritical youth). Check their comments here on Nairaland and other social media handles, you will spit because their words don't push out logical reasoning. Where have we got it wrong. Let's change our ways, study to make educative comments. UK has of recent increased interest rate continuously to battle inflation, though it's same model across the world but countries need to tilt theirs e.g while Nigeria increase her rate, supply sector should be worked on(Interest rate increase is a model that must be used), Ghana has an Inflation rate above 42%(yet you rubbish your country Nigeria that has 23.%), in Africa Nigeria is among the Nations with a reasonable inflation rate (though not happy with it). Please let us read, Government officials might be reading our comments on platforms to learn and develop on. 4 Likes 1 Share |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by Die009: 10:17pm On Aug 14, 2023 |
ACRI: And Nigeria inflation is 22 percent and some idiot are shouting like it’s Nigeria own bad pass |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by NamelessOGBENI(m): 10:17pm On Aug 14, 2023 |
Make I no tok my mind sha because some people go still justify the hard times flying around the country. 1 Like 1 Share |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by patrickcollins: 10:19pm On Aug 14, 2023 |
JasonNOTStatham:Copy a country and Economy in a mess, Argentine economy is not to be emulated, it is a failed economy just like Nigeria |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by Padipadi(m): 10:20pm On Aug 14, 2023 |
Taylor90:He's overaged like Obi. Retirement na 60. 2 Likes 1 Share |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by Akamon(m): 10:20pm On Aug 14, 2023 |
SunTzu123: Why your Refinery can't work and if it works, it won't get crude supplied to it. This guy's are more intelligent than ordinary Nigerians because of their access to informations that we all don't have. The reason is basically because of the OPEC quota given to its member nations and the need for dollar for it's Forex reserve. I can't go more than this, it's a public forum. Please connect the dots. Thanks 1 Like |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by sonnie10: 10:29pm On Aug 14, 2023 |
badoh: Put policies in place that will support modular refineries not the white big elephant monopoly. 2 Likes 1 Share |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by grandstar(m): 10:29pm On Aug 14, 2023 |
sonnie10: Tinubu has never said he was an economist. Tinubu's strong points are that he appoints people who know their job, Okonji-Iweala and even Charles Soludo have approved his policies. If things aren't going well, it is because they were snappily done. If they weren't done, nothing would have been done.. He made the right call. Until a finance minister and CBN governor are appointed , expected some turbulence. 5 Likes 1 Share |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by Tobijays: 10:38pm On Aug 14, 2023 |
Cemsorcems:dimwit how would have changed the scenario? What would you have done to make dollars 150 naira? 3 Likes 1 Share |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by Tobijays: 10:39pm On Aug 14, 2023 |
sonnie10:so with your supply and demand, explain to us how you go turn 1dollar to 150 naira? 2 Likes 1 Share |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by Lastmankc(m): 10:41pm On Aug 14, 2023 |
anonymous1759:You are the one that is supposed to get a life.Ebola miscreants 2 Likes 1 Share |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by Lastmankc(m): 10:42pm On Aug 14, 2023 |
lekankolade:I love the way that guy is destroying you Ebola miscreants 2 Likes 1 Share |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by Tobijays: 10:42pm On Aug 14, 2023 |
SunTzu123:how long do you think it will take to get the refinery up and running? 2 months? Tinubu told the labor chairman that the refinery would be fixed! How long did it take Dangote to build his? Do you think it is a day job! This project can take 2 years + to build! Most part will still imported! 2 Likes 1 Share |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by Lastmankc(m): 10:44pm On Aug 14, 2023 |
YesDaddyTill203:That guy is really killing you agberos 2 Likes 1 Share |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by Tobijays: 10:46pm On Aug 14, 2023 |
sonnie10:how long will it take to fix the refineries? Read up on all these things so you won’t sound dump! The only single fast approach to bring down dollar rate is stop all imports into these country but that will kill the whole eastern business because all ther goods are imported! China closed all ther borders and reduced drastically ther imports for over 40 years that is why they are where they are now! |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by cucumbar: 10:48pm On Aug 14, 2023 |
Berrylite:where’s the lie here you agbadorian ? Why have you sold your soul to the devil? If you check now, you’ll find out berrylite is one retched human being who has no hope in this world and will still go to hellfire. You are a demon for supporting this evil government. |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by hunterden: 10:48pm On Aug 14, 2023 |
[It's obvious you are dumb..waste is space.at your age this is a comment.quote author=Taylor90 post=125113597]Ebola supporters will capitalize on this Argentina currency devaluation now Meanwhile Argentina own devaluation will favor them but Nigeria own don backfire FYI Argentina president is 64yrs while Ebola is 91yr No compare the two brains devaluating their currency [/quote] |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by cucumbar: 10:50pm On Aug 14, 2023 |
grandstar:Sharap there you demon! Why can’t the government go against the people abusing the subsidy? Keep supporting rubbish for 30k. Hell awaits you. Demon! 1 Like 1 Share |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by anonymous1759(m): 10:52pm On Aug 14, 2023 |
Lastmankc: Spilling saliva all over NL won’t do you any good it’ll only make you look MAhd. |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by Lastmankc(m): 10:55pm On Aug 14, 2023 |
anonymous1759:That guy is really killing you agberos and thugs |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by cucumbar: 10:56pm On Aug 14, 2023 |
Emekaonline:when will you accept that this government has failed ? Just under 2 months o… why did you decide to sell your soul to the devil for 30k? 2 Likes 1 Share |
Re: Why Argentina Devalued Its Currency, Jacked Up Interest Rates To 118% by IbeOkehie: 10:57pm On Aug 14, 2023 |
Okoroawusa: Not true at all, but you're welcome to your opinion. Without the USA the world would be much, much worse of than it is today. Good Luck to Nigeria. 2 Likes |
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