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CBN Again Lower Exchange Rate, Sell Dollar To Bdcs At #1101/$ - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsCBN Again Lower Exchange Rate, Sell Dollar To Bdcs At #1101/$ (860 Views)

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CBN Again Lower Exchange Rate, Sell Dollar To Bdcs At #1101/$ by Tobest94(op): 12:04pm On Apr 08, 2024
The central bank of Nigeria has once more lowered the exchange rate by selling $ to BDC at #1101/$. This was stated in circular posted by the trade and exchange department of the central bank of Nigeria.

Re: CBN Again Lower Exchange Rate, Sell Dollar To Bdcs At #1101/$ by helinues: 12:05pm On Apr 08, 2024
grin cheesy

Re: CBN Again Lower Exchange Rate, Sell Dollar To Bdcs At #1101/$ by StOla: 12:09pm On Apr 08, 2024
Great news for Nigerians.

I noticed that those who always rushed to post news about Dollar to Naira exchange rates in February and early March, seem not to be interested in that hobby anymore.

So what changed for them?

Betting against the Naira and stockpiling Dollars while criticizing the government for failing is no longer a profitable venture?
Re: CBN Again Lower Exchange Rate, Sell Dollar To Bdcs At #1101/$ by blacknp(m): 12:10pm On Apr 08, 2024
helinues:
grin cheesy
That babe fine wella, great smile for a close up appeal.
Re: CBN Again Lower Exchange Rate, Sell Dollar To Bdcs At #1101/$ by helinues: 12:12pm On Apr 08, 2024
blacknp:
That babe fine wella, great smile for a close up appeal.
She dey smile at the mumurity of the naysayers, who thought dollar would reach N2,000

Kill them smiles..

cheesy wink grin
Re: CBN Again Lower Exchange Rate, Sell Dollar To Bdcs At #1101/$ by Akinboboz(m): 12:14pm On Apr 08, 2024
Anything more than #500 to 1$ is not acceptable,make una just lower am and forget who go loss ,nah government,do what majority want and that would have positive impact in the life of average citizens.
Re: CBN Again Lower Exchange Rate, Sell Dollar To Bdcs At #1101/$ by LibertyRep: 12:14pm On Apr 08, 2024
Omo!
Omoo!
Omoooo!

Cardoso no go give people HBP like this?
I hope this is sustainable.

Like Oliver Twist, we want more.
Re: CBN Again Lower Exchange Rate, Sell Dollar To Bdcs At #1101/$ by helinues: 12:15pm On Apr 08, 2024
Akinboboz:
Anything more than #500 to 1$ is not acceptable,make una just lower am and forget who go loss ,nah government,do what majority want and that would have positive impact in the life of average citizens.
Why are you in haste?

Re: CBN Again Lower Exchange Rate, Sell Dollar To Bdcs At #1101/$ by StOla: 12:17pm On Apr 08, 2024
helinues:
She dey smile at the mumurity of the naysayers, who thought dollar would reach N2,000

Kill them smiles..

cheesy wink grin
you mean like that foolish partisan hack claiming to be a journalist?
Re: CBN Again Lower Exchange Rate, Sell Dollar To Bdcs At #1101/$ by Akinboboz(m): 12:19pm On Apr 08, 2024
helinues:
Why are you in haste?
Dude ,not in haste but that will eventually be ,, government can just close eyes and announce it for betterment of the citizens.
Re: CBN Again Lower Exchange Rate, Sell Dollar To Bdcs At #1101/$ by helinues: 12:21pm On Apr 08, 2024
Akinboboz:
Dude ,not in haste but that will eventually be ,, government can just close eyes and announce it for betterment of the citizens.
Close eyes? How do you mean?
Re: CBN Again Lower Exchange Rate, Sell Dollar To Bdcs At #1101/$ by BondRiv: 12:24pm On Apr 08, 2024
Good.
Re: CBN Again Lower Exchange Rate, Sell Dollar To Bdcs At #1101/$ by sofnana(m): 12:27pm On Apr 08, 2024
It could still come down more than this in the weeks ahead.
Re: CBN Again Lower Exchange Rate, Sell Dollar To Bdcs At #1101/$ by LegendHero(m): 12:28pm On Apr 08, 2024
Jesuuuuu.

This Cardoso na headmaster truly.
Re: CBN Again Lower Exchange Rate, Sell Dollar To Bdcs At #1101/$ by OfoIgbo: 12:29pm On Apr 08, 2024
StOla:
Great news for Nigerians.

I noticed that those who always rushed to post news about Dollar to Naira exchange rates in February and early March, seem not to be interested in that hobby anymore.

So what changed for them?

Betting against the Naira and stockpiling Dollars while criticizing the government for failing is no longer a profitable venture?
They are bored, because they know that at the current rate, it will take the naira a considerable amount of time, for naira to become 750 - 1 dollar that it was, when Buhari handed over to Tinubu.

Tinubu is now struggling to even equal the worst of Buhari. Ain't that something
Re: CBN Again Lower Exchange Rate, Sell Dollar To Bdcs At #1101/$ by Mynd44(mod): 12:30pm On Apr 08, 2024

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