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Nairaland Forum / Nairaland / General / Business / Is It Advisable To Buy Dollar At Todays Rate Of 1200 (1983 Views)
Naira Depreciates By N64 Against Dollar At FOREX Market / Is It Advisable To Save Money With These Recent Events / Naira Appreciates, Sells At N361.5 Per Dollar At Parallel Market (2) (3) (4)
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Wujio: 8:00am On Oct 27, 2023 |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Miravik900(m): 8:03am On Oct 27, 2023 |
Wujio: I just pity people that invest it dollars is risky oo is just like forex |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Wujio: 8:04am On Oct 27, 2023 |
Miravik900: Stop mis informing people. Dollar isnt risky. You traded with speculation rather than informed analysis. I trade in dollars weekly but not just buying at anyhow rate no. You were supposed to know the rally would stop at a point. Example i have now predicted that dollar will crash towards 750 next year 1 Like |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by emmanuelbrown26: 8:06am On Oct 27, 2023 |
Miravik900:Best time to take d RISK of investing in dollars. I know it will get to dis stage and even more bcs whole lot of things is playing out and more are still warming up in dis Tinubu administration. If tinubu is sensible enough, he would hv borrowed abit of what late yaradua did which I won't go into details, bcs right now, we are living in d world dog eat dog |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Miravik900(m): 8:06am On Oct 27, 2023 |
Wujio:So you do have dollars and at what rate did you buy yours? |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Miravik900(m): 8:09am On Oct 27, 2023 |
emmanuelbrown26:So you think the rate will hit up again? |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by advanceDNA: 8:15am On Oct 27, 2023 |
Wujio: U pple just forecast in a funny way .... What yardstick or conditions are u using to forecast?? The government has said they are not injecting cash into the market anymore to keep the rate fixed... hence the float .. Our export is very low.. No one is demanding for our naira in the international market.... Government could have demand for our c naira from our crude oil customer which could drive naira demand.... ..but no .we always want to worship our masters that borrow us money ...Nigeria is a country that does what is injurious to her economy because of loan that will keep Nigeria in bondage... So how will the naira rise exactly?? Are u just hoping or u are one of those that have faith in tinubu.....?? |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by emmanuelbrown26: 8:17am On Oct 27, 2023 |
Miravik900:Like I said earlier on, it will keep going up. I remember how much I made within few days of d swearing in. After d election, I started buying fuel at d rate of 184 or 189 bcs I knew that Tinubu will definitely remove subsidy without any backup plan Then, when I got hint of GSK leaving Nigeria, I bought whole lot of their products and kept, after 2weeks of their departure, their products became scarce and costly. I started reselling to medicine stores around. From d look of things, Tinubu does not care about people, all he is after is people that sing songs of praise for him If u can take d risk fine, if u can't take d risk, keep ur money. During 2019 elections, one financial investor told me that d rate naira will climb if they declare buhari winner people won't believe it, after d announcement of d elections, it happened d way d investor told me and d baba made whole lot of money Right now NO PLAN IN PLACE TO CURTAIN DIS CURRENCY WAHALA 1 Like |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Wujio: 8:27am On Oct 27, 2023 |
Miravik900: I earn in dollars so for me any rate is profitable so long as my employers pay me |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Wujio: 8:28am On Oct 27, 2023 |
advanceDNA: I've earned in dollars for atleast 15 years. Come back to this thread in twelve months tine |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Miravik900(m): 8:34am On Oct 27, 2023 |
Wujio: Okay nice 👍🏻 |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by advanceDNA: 8:54am On Oct 27, 2023 |
Wujio: So basically ...u just dey cap?? |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Wujio: 9:09am On Oct 27, 2023 |
1 Like |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Miravik900(m): 12:05pm On Oct 27, 2023 |
Wujio: I don Loss money today well well omo |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Wujio: 12:07pm On Oct 27, 2023 |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Miravik900(m): 12:13pm On Oct 27, 2023 |
Wujio: Do you think it will skyrocket again? |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by oluayebenz: 12:16pm On Oct 27, 2023 |
Miravik900: No it won't Effect of the new CBN governor Dollar will stable at 750 or so |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Miravik900(m): 12:19pm On Oct 27, 2023 |
oluayebenz: Omo I pray not oo I no know who tell me to go buy dollar sef now I just day regret |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by oluayebenz: 12:26pm On Oct 27, 2023 |
Miravik900: You buy at what rate and when? Buying dollar for hoarding is a bad business |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Miravik900(m): 12:27pm On Oct 27, 2023 |
oluayebenz: 1170 |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Wujio: 12:32pm On Oct 27, 2023 |
Miravik900: It wont skyrocket once it comes down o. It wont lie lie. Nigeria has all the fundamental favtorable to begin to rise against the dollar for the next four years. If care is not taken, it will crash below 500 over the next four years period. |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Miravik900(m): 12:37pm On Oct 27, 2023 |
Wujio: Omo is well oo |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Wujio: 12:39pm On Oct 27, 2023 |
Miravik900: So many refineries are springing up. Once they get fully built starting next year, game over. Infact 400 Naira and below is what the crash will drop to o. So dont go and be buying dollars to hoard. |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by TreasureHunter(m): 2:25pm On Oct 27, 2023 |
Matix222: People asked this same question when $1 dollar was exchanging for 300Naira |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by oluayebenz: 2:27pm On Oct 27, 2023 |
Miravik900: If you can hold on a bit but I doubt if it will ever reach 1200 again. You shouldn't have bought dollar at 1170 nah, do you think rate will go up to 2000? |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Miravik900(m): 4:14pm On Oct 27, 2023 |
oluayebenz: Yeah I thought so |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by oluayebenz: 6:14pm On Oct 27, 2023 |
Miravik900: I hope you don't buy much |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by imoh4king(m): 6:53pm On Oct 27, 2023 |
Wujio: Church wanna be(s); It called speculation or forecasting.. |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Wujio: 6:54pm On Oct 27, 2023 |
imoh4king: Kids. Dont have time to babysit you |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by imoh4king(m): 6:57pm On Oct 27, 2023 |
Wujio: Haa! Seun, why are you allowing this guy to talk or respond to you like this...if I were you, I won't tolerate it oh. |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by oluayebenz: 10:51pm On Oct 30, 2023 |
Miravik900: My guy Naira is seriously appreciating against dollar. Do you later sell your USD off or you keep hoarding? |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by AllDModsAreMaad: 11:01pm On Oct 30, 2023 |
oluayebenz: Are you for real? When the official rate is #993/$(tho I'm not sure of this yet but it depreciated today, what I'm not sure is the precise value)... Currently, naira is depreciating against pounds and dollar, that is according to my findings both here, on google and on CBN's site. Shey you dey wyne yourself ni? |
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