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Naira Down To N1,500/$ In Parallel Market - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessNaira Down To N1,500/$ In Parallel Market (11968 Views)

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Naira Down To N1,500/$ In Parallel Market by NaijaCover(op): 7:42am On Jun 14, 2024
The Naira yesterday depreciated in the parallel market to N1,500 per dollar from N1,485 per dollar on Tuesday.

Similarly, the Naira depreciated to N1,476.24 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.

Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,476.24 per dollar from N1,473.66 per dollar on Tuesday, indicating N2.58 depreciation for the naira.

The volume of dollars traded on the window fell by 76 per cent to $92.68 million from $385.91 million on Tuesday.

Consequently, the margin between the parallel market and NAFEM rates widened to N23.76 per dollar from N11.34 per dollar on Tuesday.
Source: https://www.vanguardngr.com/2024/06/naira-down-to-n1500-in-parallel-market/amp/

Re: Naira Down To N1,500/$ In Parallel Market by NaijaCover(op): 7:43am On Jun 14, 2024
Una See Wetin, Mr Blogger Dey See For Here?
Re: Naira Down To N1,500/$ In Parallel Market by God1000(m): 7:48am On Jun 14, 2024
Which way Nigeria?
Re: Naira Down To N1,500/$ In Parallel Market by NaijaCover(op): 7:48am On Jun 14, 2024
God1000:
Which way Nigeria?
I dey see shege, when it comes to U.S DOLLAR
Re: Naira Down To N1,500/$ In Parallel Market by Boogyman557: 8:07am On Jun 14, 2024
Holly Gram cool


EBIN PAWA ooo !!!


LITE UP my WEED in peace


WTF MAN!

Re: Naira Down To N1,500/$ In Parallel Market by babaRUNtinz(m): 8:44am On Jun 14, 2024
Blood of Nebukadinésárì
Re: Naira Down To N1,500/$ In Parallel Market by magoo10(m):
The naira is not falling it just did dobale like the agbado lord.

Empty lazy brains running the system aground.
Re: Naira Down To N1,500/$ In Parallel Market by 300wayne: 8:45am On Jun 14, 2024
But why do we always make news out of naira and dollar fluctuation?
Re: Naira Down To N1,500/$ In Parallel Market by house10studios: 8:45am On Jun 14, 2024
2k here we come
Re: Naira Down To N1,500/$ In Parallel Market by sofeo(m): 8:45am On Jun 14, 2024
Alright
Re: Naira Down To N1,500/$ In Parallel Market by Sheuns(m): 8:46am On Jun 14, 2024
We still Dey on this matter.
Re: Naira Down To N1,500/$ In Parallel Market by Brendaniel: 8:46am On Jun 14, 2024
When we warned them about Tinubu, they called us haters and enemies of Nigeria..

But how can a man who bragged about bringing Buhari to power and supporting him 8 years because he wanted to become president be the man people decided to throw their support behind...

A man who cared more about his political ambition than the lives and welfare of Nigerians is who some people decided to support, we are seeing the results today...
Re: Naira Down To N1,500/$ In Parallel Market by Brushstrokes20: 8:46am On Jun 14, 2024
# eBOLA on rampage 💯💯💯📢📢📢📢📢📢
Re: Naira Down To N1,500/$ In Parallel Market by Nackzy: 8:46am On Jun 14, 2024
I thought crypto was the problem,, you've stopped binance n other exchanges, why is the naira still doing like Nigerian nepa
Re: Naira Down To N1,500/$ In Parallel Market by Chibuzoc(m): 8:47am On Jun 14, 2024
LFG
Re: Naira Down To N1,500/$ In Parallel Market by Zico5(m): 8:47am On Jun 14, 2024
Ok
Re: Naira Down To N1,500/$ In Parallel Market by casppyjay: 8:47am On Jun 14, 2024
post=130466121:
Source: https://www.vanguardngr.com/2024/06/naira-down-to-n1500-in-parallel-market/amp/
nigeria indeed has powerful people
Re: Naira Down To N1,500/$ In Parallel Market by Rebuke: 8:47am On Jun 14, 2024
Always
Re: Naira Down To N1,500/$ In Parallel Market by SenecaTheYonger: 8:47am On Jun 14, 2024
No one cares. Get this news away from my sight.
Re: Naira Down To N1,500/$ In Parallel Market by femi4: 8:48am On Jun 14, 2024
Naira don Dobale.....Naira is respectful
Re: Naira Down To N1,500/$ In Parallel Market by NothingDoMe: 8:48am On Jun 14, 2024
Make una nor dey increase people BP oh.
Re: Naira Down To N1,500/$ In Parallel Market by Multi1:
I don comot mind for this Naira/Dollar thing since.
Re: Naira Down To N1,500/$ In Parallel Market by jmoore(m): 8:49am On Jun 14, 2024
Naira dey do push up exercise.
Re: Naira Down To N1,500/$ In Parallel Market by eeithis(m): 8:50am On Jun 14, 2024
post=130466135:
Una See Wetin, Mr Blogger Dey See For Here?
😂😂😂😂 u be werey
Re: Naira Down To N1,500/$ In Parallel Market by femi4: 8:50am On Jun 14, 2024
SenecaTheYonger:
No one cares. Get this news away from my sight.
The news will appear before you in the market
Re: Naira Down To N1,500/$ In Parallel Market by EnglishUsa: 8:50am On Jun 14, 2024
When a president can fall, then who be dollar wey know go fall?
Re: Naira Down To N1,500/$ In Parallel Market by DMerciful(m): 8:52am On Jun 14, 2024
Tinubu wrecked Nigeria
Re: Naira Down To N1,500/$ In Parallel Market by Donaldoni: 8:52am On Jun 14, 2024
Piiiiggs rest!!! angry

The Naira has stabilised at less than NGN1,500.

It is currently NGN1,476 on BYBIT.
Re: Naira Down To N1,500/$ In Parallel Market by Thegamingorca(m): 8:52am On Jun 14, 2024
Make I kuku buy pounds
Re: Naira Down To N1,500/$ In Parallel Market by Jestin: 8:52am On Jun 14, 2024
Naira just dey fall anyhow like Nigeria President
Re: Naira Down To N1,500/$ In Parallel Market by Usmanovic95(m): 8:53am On Jun 14, 2024
It's a miracle the naira hasn't depreciated beyond 1500.The minister of finance and CBN govy are totally out of their depth.We have seen their best already which is even not near good enough.But APC government rarely sack underperformers.
1 2 3 Reply

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