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Nairaland Forum / Nairaland / General / Business / Is It Advisable To Buy Dollar At Todays Rate Of 1200 (1984 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 Miravik900(m): 11:21pm On Oct 30, 2023 |
oluayebenz: I’m still hoarding 1 Like |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by oluayebenz: 11:56pm On Oct 30, 2023 |
AllDModsAreMaad: Unofficial rate currently stand at 1,150 Official rate closes today at 785 |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by oluayebenz: 11:56pm On Oct 30, 2023 |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by AllDModsAreMaad: 12:00am On Oct 31, 2023 |
oluayebenz: Sto'playing alaye! Which window is referred to as NAFEM window o? Abi official rate don get two windows or rates ni? The closing rate at that window is #993/$, go and check it for your sef abeg. As for the black market rate, I don't know about that for now. |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by oluayebenz: 12:51am On Oct 31, 2023 |
AllDModsAreMaad: Alright o But I'm following the rate back to back both official and unofficial. Peace out 🙏 |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Yungmil: 6:13am On Oct 31, 2023 |
Now is time to buy dollar and hoard. Buy the dip. Where are the crypto guys |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Stevenbright(m): 1:54pm On Oct 31, 2023 |
I have $117 PayPal funds for sale. Are you interested. WhatsApp or call the line on my sig |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Matix222: 4:52pm On Nov 02, 2023 |
Yungmil: Dollar is falling oo 😿 |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Matix222: 3:41am On Nov 03, 2023 |
oluayebenz: Dollar is falling o I pray I don’t regret my decision at the long run oo |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Mysteriousworld: 8:01am On Nov 03, 2023 |
Miravik900:Im confused now... I do advice people to buy gold instead. Now i don't know whether to sell or wait |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Mysteriousworld: 8:03am On Nov 03, 2023 |
Matix222: Me too o |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Mysteriousworld: 8:04am On Nov 03, 2023 |
Whats next with the naira dollar... |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Matix222: 8:08am On Nov 03, 2023 |
Mysteriousworld: Just wait for sometime and let’s see how things will be I day fear sef but I go still wait small 1 Like |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by MindOnMatters00(m): 8:34am On Nov 03, 2023 |
Yungmil: This is what I'm saying I'm a forex trader and a crypto trader but I work with some few sources and insiders in business market. |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by MindOnMatters00(m): 8:38am On Nov 03, 2023 |
Matix222: Bro now is the best time to buy dollar if you want to make it big. I can promise you with my life if you want. I can show you some secrets if you mind to see why you should buy. I'm buying more before Sunday cos I can't deduce what next week holds. I can sell some of mine for you with discount if you scared.... ✌ My contact is below but I would remove it before the end of today. contact removed. PEACE... |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Mysteriousworld: 8:38am On Nov 03, 2023 |
MindOnMatters00:Me i cant sell now o... I bought it at the rate of 1180... Chai... We stay there o |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by MindOnMatters00(m): 8:45am On Nov 03, 2023 |
Mysteriousworld: Bro even if you bought at 1000, I won't advise you to sell. Binance is only been used as a manipulation to divert Nigerians and the public from what is really happening. The big names and manipulators are cashing out from dollar/naira rate both in crypto and parallel market. I can't say many things here. Buy more dollars if you can or relax and watch if you can't. I sold almost half a million of my dollar funds to my connects and i will buy more. 1 Like |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by oluayebenz: 8:48am On Nov 03, 2023 |
Matix222: I hope you don't buy much thou? The truth is, dollar will keep falling. This is the time I expect naira to keep falling, December is close but reverse is the case |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Matix222: 8:51am On Nov 03, 2023 |
oluayebenz:Yeah I didn’t buy that much but Omo e go still choke me oo if rate fall I just looseguard if not I for don trade am since when I been get profit |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by oluayebenz: 8:56am On Nov 03, 2023 |
Matix222: If you can watch and sell when you will recover your money back, pls do. I expected dollar to start rising now till December but if it does not happen and by January, dollar will fall yakata for ground. 1 Like |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Matix222: 9:03am On Nov 03, 2023 |
oluayebenz: Okay thanks |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Yungmil: 6:40pm On Nov 03, 2023 |
MindOnMatters00:Shut up. |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Mysteriousworld: 9:23am On Nov 04, 2023 |
Yungmil:Why the shut up... For what? |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Mysteriousworld: 2:55am On Dec 16, 2023 |
MindOnMatters00: Thanks boss... Now im smiling. |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by Mysteriousworld: 2:56am On Dec 16, 2023 |
Matix222: How far? Hope youre smiling too.... |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by grandstar(m): 4:28am On Dec 16, 2023 |
Matix222 As long as the CBN wants to keep the interest rates below the inflation rate, the Naira will continue to lose its value. That is the blunt truth. My worry is that government can reverse this policy overnight and greatly increase interest rates which will mop up excess money in circulation and the Naira will strongly appreciate in value. I remember at a time, in 2017, the black market rate was around 520 to a dollar or so. That one was a product of the devaluation of the Naira to 310 from 199 or so. It also coincided with the introduction of another official forex window with exchange rates that were market reflective. Within a short period, it started appreciating until it got to 365 or thereabout and stayed there until 2020. So, lookout for when the CBN increases interest rates. Even if there is a massive inflow of forex which strengthens the Naira but the CBN does not increase interest rates, then know the exchange rate will collapse again. 2 Likes |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by MindOnMatters00(m): 12:42am On Dec 18, 2023 |
grandstar: Bro there are many secrets to why the naira will keep falling and this is not one of them. The above you just explained is just a surface issue for Nigerians to see. The more you look and the less you see. |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by MindOnMatters00(m): 12:45am On Dec 18, 2023 |
Mysteriousworld: There is more to come but you can sell now which I believe you have already done. Besides you haven't appreciated me in your enjoyment or allow me eat chicken with you. Less I forget, are you the one I mentored and talked with on whatsapp concerning this dollar issue? |
Re: Is It Advisable To Buy Dollar At Todays Rate Of 1200 by MindOnMatters00(m): 12:47am On Dec 18, 2023 |
Matix222: Bro I hope you kept your dollar till now like I advised or did you sell then? Are you the one who talked with me on whatsapp concerning this dollar issue? |
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