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Naira Depreciates To N1,180/$ In Parallel Market - Business (3) - Nairaland

Nairaland ForumNairaland GeneralBusinessNaira Depreciates To N1,180/$ In Parallel Market (16765 Views)

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Re: Naira Depreciates To N1,180/$ In Parallel Market by JasonNOTStatham: 8:54am On Nov 03, 2023
YoungBlackRico:
1029. I don't know where these ones got their rate from.
I thought it was last week post but I had to check the date again. The OP is simply doing price prediction.
Re: Naira Depreciates To N1,180/$ In Parallel Market by JOemmy(m): 8:54am On Nov 03, 2023
It's currently trading #1045 on binance.
Re: Naira Depreciates To N1,180/$ In Parallel Market by Angelfrost(m): 8:56am On Nov 03, 2023
Flier:
We are having the best economy ever,with time naira will fall
But, it's already falling na... The value of the Naira is already falling. grin

And if you mean the Naira will appreciate on its own, then you need to snap out of that daydream. It won't happen.

The only thing that will save this Nation's currency, and by extension the economy is radical changes in government policies with regards to:

Internal and domestic Production and
Consumption

Improved security and power

Drastically reduced Importation especially major imports with high rate of exports




The above will massively boost the demand of the Naira with its consequent recovery and appreciation.

If not... Naira will keep falling until it dies with the economy.
Re: Naira Depreciates To N1,180/$ In Parallel Market by slimthugchimee2(m): 8:56am On Nov 03, 2023
Incognito9:
False news

Naira gain yesterday and even this morning

995/$
It's 995 at the moment
Re: Naira Depreciates To N1,180/$ In Parallel Market by slimthugchimee2(m): 8:57am On Nov 03, 2023
JOemmy:
It's currently trading #1045 on binance.
995 at the moment
Re: Naira Depreciates To N1,180/$ In Parallel Market by Empredboy(m): 9:00am On Nov 03, 2023
nairalanda1:
Your party had 8 years to make it right. They didn't.
. See don't let any politician deceive you that export is the sure way to better the naira. When okonju iweala the former minister under GEJ and sanusi former CBN governor said we should save for the raining day so that we can save our economy and naira what did present APC leaders lead by the APC governors said? They said they should share the money!!! Now there is nothing in the reserve to use to keep the naira alive than to borrow.
Let me ask you, what were we producing during GEJ era that we are not producing again? Yet no one was talking about "export to save the naira".
That's why I said APC is just full of propaganda.
List of APC governors who said they should share the money are

Fashola, ameachi, tinubu, oshiomole, ganduje and so on
Go and verify
Re: Naira Depreciates To N1,180/$ In Parallel Market by NaijaCover(m): 9:01am On Nov 03, 2023
Nawa o
Re: Naira Depreciates To N1,180/$ In Parallel Market by OfficialAPCNig: 9:17am On Nov 03, 2023
Where una the see all these #1,180 per dollar?

Cardify is selling at #1250 since last week. Are they not part of the parallel market?
Re: Naira Depreciates To N1,180/$ In Parallel Market by SleekyP(m): 9:22am On Nov 03, 2023
995 right now on bin
Re: Naira Depreciates To N1,180/$ In Parallel Market by todugo(m): 9:36am On Nov 03, 2023
TemplarLandry:
huh Naira keeps gallivanting up and down, aimlessly like Peter Hoe Bee's common sense.
Arrrghh!

I reflect with this classic jam - “Şe Na Like This?” by Wande Coal.
Great jam!
Na who you wan blame now?
Re: Naira Depreciates To N1,180/$ In Parallel Market by Lordsonn: 9:37am On Nov 03, 2023
Tinubu government think forex trading is political propaganda. They keep on sponsoring people to post fake exchange rate on social media claiming naira is getting strong but when you go to any beureau de change office to buy Dollars, price is very high.
Re: Naira Depreciates To N1,180/$ In Parallel Market by Lordsonn: 9:41am On Nov 03, 2023
Putinofrussia:
All outlets are saying that Naira appreciated against the dollar today.
You are very fraudulent. Check the dates on screenshot you posted. The date is 01/11/2023 on Daily Post while Business Day is "2 days ago"
Vanguard date is 03/11/2023.
Mugu
Re: Naira Depreciates To N1,180/$ In Parallel Market by todugo(m): 9:42am On Nov 03, 2023
emerged01:
You want him to fail. Exercise patience till 4yrs then you can call him failure. It is just 6months,you condemning him now doesnt portray you as somebody that is mentally balanced.
Same way dullards like you were backing Buhari. Soon You will eat your words.

Re: Naira Depreciates To N1,180/$ In Parallel Market by Lordsonn: 9:47am On Nov 03, 2023
JOemmy:
It's currently trading #1045 on binance.
Read the report by vanguard again. It's physical dollars, not Binance, USDT or any other inflows. Go and buy physical dollars and Know what's up
Re: Naira Depreciates To N1,180/$ In Parallel Market by Blackdisciple(m): 9:49am On Nov 03, 2023
Up tinubu
Re: Naira Depreciates To N1,180/$ In Parallel Market by emmanuelbrown26: 9:52am On Nov 03, 2023
JagabanB:
As usual, another pàîn from SE.
So people collected 5k?
U mean in Abia State?
Hunger is affecting others and the people complaining the most are lgb0s?
Rice bandit and plantain thieves

Re: Naira Depreciates To N1,180/$ In Parallel Market by Chuksmemgbe: 9:53am On Nov 03, 2023
TemplarLandry:
huh Naira keeps gallivanting up and down, aimlessly like Peter Hoe Bee's common sense.
Arrrghh!

I reflect with this classic jam - “Şe Na Like This?” by Wande Coal.
Great jam!
pissy pissy
Clownish
Re: Naira Depreciates To N1,180/$ In Parallel Market by Brushstrokes20: 10:05am On Nov 03, 2023
By the time eBOLA is done ravaging the shyyythole, Buhari will look like a Saint! grin
Useless govt of self serving THIEVES and irresponsible criminals undecided
Re: Naira Depreciates To N1,180/$ In Parallel Market by Chemlite: 10:13am On Nov 03, 2023
Can't the 1st class accountant bring his wealth of experience?

He built Lagos crew, an accountant is not an economist.

He couldn't even assemble best hands..... anyways, he promised to continue from where Bubu stopped, we mis-interpreted.
Re: Naira Depreciates To N1,180/$ In Parallel Market by Rubyjade: 10:13am On Nov 03, 2023
Dreal1247:
The economy appears to be on autopilot. In less than 2 weeks, the Camerounian roofing sheets that was priced to be one hundred and twenty Naira (#120,000.00) per bundle jumped to one hundred and fifty Naira (#150,000.00). The economy appears to be on a lone journey, while the Government is equally on it's own.
It cheap now, it currently 170k now.
Re: Naira Depreciates To N1,180/$ In Parallel Market by ablejesus26(m): 10:16am On Nov 03, 2023
Angelfrost:
But, it's already falling na... The value of the Naira is already falling. grin

And if you mean the Naira will appreciate on its own, then you need to snap out of that daydream. It won't happen.

The only thing that will save this Nation's currency, and by extension the economy is radical changes in government policies with regards to:

Internal and domestic Production and
Consumption

Improved security and power

Drastically reduced Importation especially major imports with high rate of exports




The above will massively boost the demand of the Naira with its consequent recovery and appreciation.

If not... Naira will keep falling until it dies with the economy.
Loll how do you expect an APC urchin to understand what You wrote up there grin cheesy

Have you not be told that urchins are daft illiterates😀

That Security and Power looks like a big pipe dream to the shameless clueless Nigerian govt.
Re: Naira Depreciates To N1,180/$ In Parallel Market by Chemlite: 10:18am On Nov 03, 2023
slimthugchimee2:
995 at the moment
$1=#220 under PDP.
Re: Naira Depreciates To N1,180/$ In Parallel Market by Teepresh2: 10:21am On Nov 03, 2023
Naira Appreciate Again: Dollar Rate Today , November 2, 2023 https:///naira-appreciate-again-dollar-rate-today-november-2-2023/
Re: Naira Depreciates To N1,180/$ In Parallel Market by Angelfrost(m): 10:23am On Nov 03, 2023
ablejesus26:
Loll how do you expect an APC urchin to understand what You wrote up there grin cheesy

Have you not be told that urchins are daft illiterates😀

That Security and Power looks like a big pipe dream to the shameless clueless Nigerian govt.
These people are either ridiculously dull or they are just lying to themselves because of their political commitment.

Everything up there can be achieved in less than 8 years once the political will is there.

National security can be attained within 6 months to one year.
Re: Naira Depreciates To N1,180/$ In Parallel Market by ablejesus26(m): 10:28am On Nov 03, 2023
Angelfrost:
These people are either ridiculously dull or they are just lying to themselves because of their political commitment.

Everything up there can be achieved in less than 8 years once the political will is there.

National security can be attained with 6 months to one year.
The most intriguing part of all this is that the majority of this zombies are direct evidence of this failed system we have running grin

How can you be poor,yet you willfully stand with a structure designed to unleash more poverty to you and your generation yet unborn huh cheesy grin

The spirit of zombiism wey hold APC urchins na very strong one oo grin😀
Re: Naira Depreciates To N1,180/$ In Parallel Market by Theweekend: 10:31am On Nov 03, 2023
emmanuelbrown26:
As a field man wey I bi, I dun Waka round some states, d rate of hunger and gnashing of teeth dey alarming.
I cum dey wonder say wey d 5k people collected during d election? Shey 5k dun finish, waiting cum dey house again, na hunger
Then, I cum dey reason some things again, d whole ting cum be like say na ronu people d ting cum affect pass bcs I never see hausa guy wey dey idle and lazy around dis state, either dem dey sell suya, fruit, yam, potatoes or doing iron condemn
Any junction wey u go u go see one useless ronu begging u money or food, Iya dey beg, baba dey beg, Omo dey beg even their daughters dun dey do olosho dis day
Ronu una never see anything
As i cum dey read dis ur post, i cum see say no be lie
Re: Naira Depreciates To N1,180/$ In Parallel Market by Angelfrost(m): 10:31am On Nov 03, 2023
ablejesus26:
The most intriguing part of all this is that the majority of this zombies are direct evidence of this failed system we have running grin

How can you be poor,yet you willfully stand with a structure designed to unleash more poverty to you and your generation yet unborn huh cheesy grin

The spirit of zombiism wey hold APC urchins na very strong one oo grin😀
Sigh... Maybe most of them are truly mentally retarded. cry
Re: Naira Depreciates To N1,180/$ In Parallel Market by emmaodet: 10:33am On Nov 03, 2023
Angelfrost:
But, it's already falling na... The value of the Naira is already falling. grin

And if you mean the Naira will appreciate on its own, then you need to snap out of that daydream. It won't happen.

The only thing that will save this Nation's currency, and by extension the economy is radical changes in government policies with regards to:

Internal and domestic Production and
Consumption

Improved security and power

Drastically reduced Importation especially major imports with high rate of exports




The above will massively boost the demand of the Naira with its consequent recovery and appreciation.

If not... Naira will keep falling until it dies with the economy.
😁😁😁😁
Re: Naira Depreciates To N1,180/$ In Parallel Market by Voiceofthestree: 10:49am On Nov 03, 2023
Flier:
We are having the best economy ever,with time dollar will fall
Fall kill you there 900 yesterday today 990 fall
Re: Naira Depreciates To N1,180/$ In Parallel Market by aylive02(m): 10:54am On Nov 03, 2023
TemplarLandry:
huh Naira keeps gallivanting up and down, aimlessly like Peter Hoe Bee's common sense.
Arrrghh!

I reflect with this classic jam - “Şe Na Like This?” by Wande Coal.
Great jam!
. When will stop being foolish for f"ck sake? Your unborn kids must be ashamed of your foolishness
Re: Naira Depreciates To N1,180/$ In Parallel Market by PotatoSalad(m): 10:56am On Nov 03, 2023
TemplarLandry:
huh Naira keeps gallivanting up and down, aimlessly like Peter Hoe Bee's common sense.
Arrrghh!

I reflect with this classic jam - “Şe Na Like This?” by Wande Coal.
Great jam!
The thing with schizophrenia is that you'll swear everything is ok with you, but it's not.
Re: Naira Depreciates To N1,180/$ In Parallel Market by SpaceTour: 11:02am On Nov 03, 2023
Bank notes
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