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Nairaland Forum / Nairaland / General / Business / US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain (26675 Views)
MTN, BUA Foods, Cadbury Clearing Overseas Debts As Dollar Supply Improves / ₦1,136 To ₦1,148: Naira Records First Depreciation Against Dollar In Months / Dollar Supply Rises To $11 Billion, Naira Closes 1,572/$ (2) (3) (4)
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US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by nlfpmod: 5:55pm On Feb 22 |
The US Dollar supply turnover at Wednesday’s official foreign exchange market surged by 51 per cent to $240.72 million as the Naira recorded marginal gains. https://dailypost.ng/2024/02/22/us-dollar-supply-surges-by-51-in-forex-market-as-naira-records-gain/ 13 Likes 2 Shares
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Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by Hezzyluv: 6:01pm On Feb 22 |
Make the thin drop reach 1k per dollar ibeg 34 Likes 4 Shares |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by Umueme: 6:25pm On Feb 22 |
Till one Naira gets to one dollar as promised in 2015 to gullible Nigerians by the evil party APC there is nothing good about this news to me. #My_Opinion 87 Likes 8 Shares |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by ruggedboych: 6:25pm On Feb 22 |
Mtcheeew 🙄🙄🙄 9 Likes 1 Share |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by Tap0lane: 6:25pm On Feb 22 |
2 Likes |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by ZombiePUNISHER: 6:25pm On Feb 22 |
Tinubu should leave the dollar exactly where he met it... Stupid soul 55 Likes 3 Shares |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by Biodun556(m): 6:25pm On Feb 22 |
May Tinubu succeed Those bureau de change mallams should be locked up 37 Likes 4 Shares |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by Tap0lane: 6:25pm On Feb 22 |
Where are Igbos that always create thread of tumbling Naira not posting this update or they are born to only post update when Naira tumbles. 32 Likes 6 Shares |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by zmanto(m): 6:26pm On Feb 22 |
All this English will not stop the hunger in the country. Please let see the result on the economy ASAP. 14 Likes 1 Share |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by Stevosty: 6:26pm On Feb 22 |
Make una dey play, insteading of investing in massive production in agriculture and in other sectors possibly by next year the naira will increase in value, dem dey borrow dey do abracadabra economics, in few months it will be 3k/$, continue. 31 Likes 2 Shares |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by Lovenorth: 6:26pm On Feb 22 |
All what Tinubu knows is to grab power and run with it, he has no clue on what to do with it. 12 Likes 1 Share |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by RepoMan007: 6:26pm On Feb 22 |
Good but what now happens to hoarders waiting for N5000 to a dollar? 7 Likes 1 Share |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by dadavivo: 6:26pm On Feb 22 |
TVC and punch news paper are working overtime with their propaganda 24 Likes 1 Share |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by independence22: 6:26pm On Feb 22 |
Dollar is always in the news while naira is Nigeria currency. It is well 6 Likes |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by sonnie10: 6:27pm On Feb 22 |
Official rate decreased while black market increased. The actual problem has been the gap between these two. As long as the difference continues to widen, people will find creative means of taking advantage of arbitrage. The result would be artificial scarcity. 8 Likes 1 Share |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by Queengee: 6:27pm On Feb 22 |
Nigeria is too populated for A black man to manage. a black president cannot rule more than 50million population effectively so dive Nigeria into 4 or 5 nation so they can thrive 14 Likes 1 Share |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by naija4life247: 6:27pm On Feb 22 |
ZombiePUNISHER: Ni kee yourself oooo 4 Likes |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by Appletek: 6:27pm On Feb 22 |
dadavivo: Blind Bartimaeus, that's Dailypost. 8 Likes 1 Share |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by bravehost4u(m): 6:27pm On Feb 22 |
1 step forward and 100 steps backwards 5 Likes 1 Share |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by oluwaseyi0: 6:27pm On Feb 22 |
B |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by KanuSE: 6:27pm On Feb 22 |
This is the normal 'corrections' that play in FOREX, to take out the feather-weights. $1 to #2500 still doing press-up. Our Nigerian 17 Likes 1 Share |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by coldsummer: 6:28pm On Feb 22 |
Will be for only 8 business days and everything will come crashing This isn't the first time. This is a short term fix. 5 Likes |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by keymatt(m): 6:28pm On Feb 22 |
Trial and Error bulabu economics. Just a matter of minutes before the Naira goes back to its default setting. Trump is coming 😎 3 Likes
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Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by Wicoilham(m): 6:28pm On Feb 22 |
Nigeria will be great 4 Likes 1 Share |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by Omooba77: 6:28pm On Feb 22 |
nlfpmod: How much is dollar now?...... |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by Pristine664: 6:28pm On Feb 22 |
Lol speculation is the reason why BTC is what it is today. If more persons believe that a particular asset will go up, chances are it will continue to go up because "people of means" will continue to buy the dip. No end in sight for the free fall of Naira. 6 Likes 1 Share |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by specialmati(m): 6:28pm On Feb 22 |
ok |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by Benwallt(m): 6:28pm On Feb 22 |
Biodun556: Amen 🙏 3 Likes 1 Share |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by apesinola001: 6:29pm On Feb 22 |
Good news GOD BLESS NIGERIA 3 Likes 2 Shares |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by bonechamberlain(m): 6:30pm On Feb 22 |
One day on one day off economy. APC is a demonic party nothing good can come from it. 4 Likes 1 Share |
Re: US Dollar Supply Surges By 51% In Forex Market As Naira Records Gain by Pimine: 6:31pm On Feb 22 |
ZombiePUNISHER:I don't know why this comment wants to finish me with laughter. E say na stupid soul! 5 Likes 1 Share |
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