Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,161,451 members, 7,846,888 topics. Date: Saturday, 01 June 2024 at 06:07 AM |
Nairaland Forum / Nairaland / General / Business / Naira Continues Appreciating Against Dollar, Sell At ₦1,100 (32527 Views)
Naira Continues Appreciation Against USD At Forex Market / Naira Continues Recovery, Strengthens To ₦950 / How CBN Deliberately Prevents Naira From Appreciating Against Dollar - Sahara R. (2) (3) (4)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (Reply) (Go Down)
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by id4sho(m): 3:06pm On Apr 08 |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by Tflex01: 3:06pm On Apr 08 |
I don't still understand why good news still make some people mad in this country. Nawa 16 Likes 1 Share |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by blancsn1: 3:07pm On Apr 08 |
1 Like |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by YeyeGbami: 3:07pm On Apr 08 |
chaii nice one 1 Like |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by taiwotimitt: 3:07pm On Apr 08 |
Mr. President is working but if dollar is more than where he met it.....no no |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by Boyooosa(m): 3:07pm On Apr 08 |
Good |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by Starboytwo(m): 3:07pm On Apr 08 |
To think this is bad news to some particular countrymen is crazy. Begs the question, do you want Naija to succeed or fail?? 11 Likes 1 Share |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by Alakoriomo: 3:07pm On Apr 08 |
Good luck to Nigerians and Ibeokehie 2 Likes |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by qtx(m): 3:08pm On Apr 08 |
advanceDNA:Tell them. Reno is spewing ignorance and the gullibles will celebrate him without knowledge. 2 Likes |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by Angelfrost(m): 3:08pm On Apr 08 |
This is good news...! However, if you people are secretly subsidizing the currency with loans, thunder go faya una. If the Naira is strengthening due to other steps like exports, local production and consumption, etc... Then, may God be praised. Meanwhile, prices of some goods are still going up... Fuel is still being sold at #700 per Liter. 2 Likes 2 Shares |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by Kusu12: 3:09pm On Apr 08 |
Shame on wailing wailers. They always expect bad news, they will not be happy with this news. 7 Likes 3 Shares |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by Codeye(m): 3:09pm On Apr 08 |
advanceDNA:Please read the nonsense you wrote again, this time slowly. If you still don't understand ask your neighbor or friend to explain it to you. Peace 8 Likes 2 Shares |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by Geovanni412(m): 3:09pm On Apr 08 |
Richtaiwo: What economic metrics determine the exchange rate of a currency? 1 Like |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by xtimconsult(m): 3:09pm On Apr 08 |
Richtaiwo: Y do nairaland enjoy keep hate speech content... Is it that you enjoy this division 1 Like |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by Shedrick: 3:10pm On Apr 08 |
Keep fooling yourself 2 Likes |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by SmartyPants(m): 3:10pm On Apr 08 |
advanceDNA: This is basic economics. It is not the demand for the naira that boosts the value of the naira in isolation, rather it is that the supply of dollars should match or outweigh the legitimate demand for dollars. When Dangote earns in dollars and this is repatriated into Nigeria, the supply of dollars will increase to match or outweigh demand for dollars. I really don't know what gives you the impression that you understand what you're talking about. Avoid commenting on things you don't fully grasp! 13 Likes 2 Shares |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by Archworld(m): 3:10pm On Apr 08 |
Jagabanbattle: I bought mine today at #1,248 but only for me to reach home and was informed that dollar is now #1,200 and right now it keeps on falling 2 Likes |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by advanceDNA: 3:10pm On Apr 08 |
Mynd44: It will not be hugely significant....that's what I said earlier.....crude oil products is not our only imports.....we are still heavily importing every other thing even toothpick, used clothes, food, ..... and not exporting anything to drive the demand of naira 1 Like |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by broadman20: 3:11pm On Apr 08 |
Richtaiwo: You should be too ashamed of yourself for typing this rubbish that you will never think of typing if Tinubu was not the president. Dollar was 700 to Naira when that idoit came to office and how he managed to use his bad luck and FOOLISHNESS to get dollar to Naira at the current price should have been making most of consider him as a big idoit. 1 Like |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by emkz: 3:11pm On Apr 08 |
Happy birthday to Mr Rufai Oseni of Arise News, the best journalist in Nigeria who predicted the naira crashing to 2,000 per dollar. We wish him robust health, energy, blessings and wisdom as he climbs the ladder of age. We also pray that the evil and sick things he wishes upon Nigeria never come to pass. For example, when he says "Nigeria is a joke", and wishing more economic hardship by insisting the dollar will crash further. May they not come to pass. 6 Likes
|
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by karkinase(m): 3:11pm On Apr 08 |
#1000 is the last support .. @ this point CBN and speculators will have a huge battle for price next direction.. anyone who wins we will follow 5 Likes 1 Share
|
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by Goodlady(f): 3:12pm On Apr 08 |
Glory be to God 2 Likes 1 Share |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by advanceDNA: 3:13pm On Apr 08 |
SmartyPants: U cannot dialogue without insult....I no need argue with you....is only by not importing crude oil that will significantly help the naira....we are virtually importing every other thing.... 1 Like |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by Ijaya123: 3:13pm On Apr 08 |
PheelzAlmighty: Speak for yourself. Are you suffering? 4 Likes 1 Share |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by shuttox: 3:13pm On Apr 08 |
Richtaiwo:You are very daf* 1 Like |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by nedekid: 3:14pm On Apr 08 |
Mynd44:Well said. Let's sha be optimistic the naira will continue appreciating. Baba met it at ₦750, buhari at ₦200. We pray it goes back to 200 these bunch of apc politicians met it and even better. 1 Like |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by ryloy: 3:14pm On Apr 08 |
socialmediaman: Olodo, Naira was being defended at that rate close to $20 billion yearly So you want the trend to continue? 4 Likes 1 Share
|
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by LIVINGICONREBOR: 3:15pm On Apr 08 |
Naira keeps on "appreciating". But why are the prices of goods and services still increasing? The country always defile the basics of economics. 7 Likes 1 Share |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by phemray(m): 3:15pm On Apr 08 |
Richtaiwo: Bros, it will go down more now that court has remand the binance executive in prison. Hoarders will know It's not a joke. 9 Likes 2 Shares |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by Slytiger: 3:16pm On Apr 08 |
emkz:That Rufai is a quack journalist. 4 Likes 1 Share |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by SmartyPants(m): 3:16pm On Apr 08 |
advanceDNA: 1. I did not insult you anywhere sir. You cannot know everything and from what you wrote there I know you don't understand this particular area, but you might be an expert in something else. Advising you not to comment on what you don't know is not meant to insult you, rather it is meant to protect those who have even less knowledge from being misled by half-knowledge. 2. We are not saying Dangot's refinery will solve the entire problem but by the quantity of oil import that is eliminated, and the quantiy of fx inflow that is created, with all other factors being equal, it will be a major gamechanger. Nigeria is winning already. 11 Likes 2 Shares |
Re: Naira Continues Appreciating Against Dollar, Sell At ₦1,100 by enemyofprogress: 3:17pm On Apr 08 |
Tflex01:person no fit mtcheeeeeeeeeeeeeeeeew in peace again? 1 Like |
(1) (2) (3) (4) (5) (6) (7) (8) (9) (Reply)
Who Is The Richest Man In Nigeria / MTN To Exit Liberia, Guinea-Bissau, Guinea-Conakry / Photos: GUO Transport Company Loses 7 Luxury Buses To Inferno In Onitsha
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 50 |