₦airaland Forum

The naira has continued to appreciate as the US dollar is currently selling at N1,280 on the parallel market, following the recent foreign exchange (FX) policy measures of the Central Bank of Nigeria (CBN).

With the current rate, the Naira has gained 2.34 percent of its value against the dollar in less than one day, from N1,310 the closing rate for Wednesday.

https://businessday.ng/news/article/dollar-falls-to-n1280-on-black-market-on-cbn-policies/

Insha Allah it will come down to 400

Wake me when the price of food and other commodities starts coming down to normal

Betanaija42moro:
Wake me when the price of food and other commodities starts coming down to normal

The reason prices are not falling down yet is because people who imported at high rates are refusing to sell so they won't suffer loss but reality will soon set in when others import at lower rates and start selling at lower prices.

Baba be grateful at least for once...
The CBN is trying....
Learn to be appreciative...
Except there's more you know that is not in the public.

Betanaija42moro:
Wake me when the price of food and other commodities starts coming down to normal

Cardoso is working no doubt. Now let's focus on how to bring down price inflation.

A Dollar will be sold for #3000 by the end of march in the mud

Paraman:
A Dollar will be sold for #3000 by the end of march in the mud

😁😁😂😂