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Naira Down To N1,600/$ In Parallel Market - Business (2) - Nairaland

Nairaland ForumNairaland GeneralBusinessNaira Down To N1,600/$ In Parallel Market (10345 Views)

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Re: Naira Down To N1,600/$ In Parallel Market by Goldbw122(m): 10:21am On Aug 21, 2024
We will wakeup one day and see 2000 naira for a dollar
Re: Naira Down To N1,600/$ In Parallel Market by Treadway: 10:21am On Aug 21, 2024
EreluRoz:
They bewitched asiwaju he's not the one in aso rock, they used juju on him. The asiwaju I know is a good man
you all bewitched him...lol🤣

It's funny but true.

You all willfully made him an emperor.

And now emperor believes he can do anything and do anyhow. Owa Ku babanla eni to ma ba wi.


Enjoy😉
Re: Naira Down To N1,600/$ In Parallel Market by tope777(m): 10:21am On Aug 21, 2024
Forex is for now and future, go and learn.
Re: Naira Down To N1,600/$ In Parallel Market by BoldDust(m): 10:22am On Aug 21, 2024
[quote author=YeyeGbami post=131618934][/quote]Since his reign, I have never seen any picture of our Dear President active or awake, are the camera men doing this on purpose or ....
Re: Naira Down To N1,600/$ In Parallel Market by BoldDust(m): 10:24am On Aug 21, 2024
tope777:
Forex is for now and future, go and learn.
That's one of the least visible factors that controls the currency. Not the major one.
Re: Naira Down To N1,600/$ In Parallel Market by diamond68: 10:27am On Aug 21, 2024
PissInside:
The high dollar rate is actually favoring some people.

Someone sent me $4000 bitcoin yesterday and was surprised when Quidax credited me 6.3million naira.
can you cash bitcoin ?
Re: Naira Down To N1,600/$ In Parallel Market by Mandate1: 10:29am On Aug 21, 2024
lailo:
Kudos to Igbo's inspired nation wide hunger protest. That's the result when u ignorantly criple ur own economy in the name of politics. All of us go chop this watery beans tire. You are happy now shey?
shame no dey ur dictionary?
Re: Naira Down To N1,600/$ In Parallel Market by Riskymarvelous(m): 10:29am On Aug 21, 2024
Anything over ₦350 is unacceptable
Re: Naira Down To N1,600/$ In Parallel Market by xristos(m): 10:32am On Aug 21, 2024
Dollar will soon flood d market...wait for crypto airdrops to cook...massive sellout
Re: Naira Down To N1,600/$ In Parallel Market by Typicool8(m): 10:32am On Aug 21, 2024
EreluRoz:
They bewitched asiwaju he's not the one in aso rock, they used juju on him. The asiwaju I know is a good man
It's now bewitched grin grin grin
Re: Naira Down To N1,600/$ In Parallel Market by phorget(m): 10:33am On Aug 21, 2024
Toh
Re: Naira Down To N1,600/$ In Parallel Market by Covid19lockdown: 10:35am On Aug 21, 2024
Nigeria currency is gone. By December it might reach 2200. No sorry Nigerians. Next time make Una vote competent and leave tribalism and religion alone.
Re: Naira Down To N1,600/$ In Parallel Market by Shikini: 10:36am On Aug 21, 2024
PissInside:
The high dollar rate is actually favoring some people.

Someone sent me $4000 bitcoin yesterday and was surprised when Quidax credited me 6.3million naira.
Oga, it's not favouring anyone.
The Naira is too weak.

That 6.3m is just big for nothing.
It can't even get you a foreign used car anymore
.
Re: Naira Down To N1,600/$ In Parallel Market by BABANGBALI: 10:39am On Aug 21, 2024
Una never see anything
Re: Naira Down To N1,600/$ In Parallel Market by dangoteinlaw: 10:39am On Aug 21, 2024
PissInside:
The high dollar rate is actually favoring some people.

Someone sent me $4000 bitcoin yesterday and was surprised when Quidax credited me 6.3million naira.
Haa congratulations. bros do give away for ur boy na hunger dey oh
Re: Naira Down To N1,600/$ In Parallel Market by Sonofgod1990(m): 10:39am On Aug 21, 2024
one of my boy picked about 11k doll last night. dat about 17million.. nice one from d government. i have about 12k doll i wil not trade am until dollar reach 3k per naira
Re: Naira Down To N1,600/$ In Parallel Market by eskuvoisrael(m): 10:41am On Aug 21, 2024
I hope it drops to a 1000
Re: Naira Down To N1,600/$ In Parallel Market by Nobody: 10:42am On Aug 21, 2024
EreluRoz:
They bewitched asiwaju he's not the one in aso rock, they used juju on him. The asiwaju I know is a good man
What a joke of a person.

Re: Naira Down To N1,600/$ In Parallel Market by PissInside: 10:44am On Aug 21, 2024
diamond68:
can you cash bitcoin ?
Yes of course....$1 bitcoin is presently 1500 naira.
Re: Naira Down To N1,600/$ In Parallel Market by lexy2014: 10:46am On Aug 21, 2024
EreluRoz:
They bewitched asiwaju he's not the one in aso rock, they used juju on him. The asiwaju I know is a good man
how is the tinubu you know a good man?

who bewitched tinubu and used juju on him?

if he is not the one in aso rock, who is in aso rock?

when he was saying "emilokan", what did he mean?

were u not hailing him when he was shouting "emilokan" up and down?
Re: Naira Down To N1,600/$ In Parallel Market by diamond68: 10:47am On Aug 21, 2024
PissInside:
Yes of course....$1 bitcoin is presently 1500 naira.
I can walk into zenith bank and cash out bitcoin ? How does it work ?
Re: Naira Down To N1,600/$ In Parallel Market by Originalsly: 10:54am On Aug 21, 2024
Goldbw122:
We will wakeup one day and see 2000 naira for a dollar
I can guarantee you it will happen by November 1. I'm no economist nor speculator... based on observations and trends ... the Naira has just begun to take another dive ...and will be deep diving until Christmas. Traders are now beginning to place orders for Christmas sales ... foreign exchange is needed ... demand will outstrip supply ... price for USD will go up as always happens when demand is greater than supply. Goods must be purchased to allow time to arrive by December. Why wouldn't the Naira be at least 2000 by December? For those who have ears ... immediately convert your Naira to USD before it loses value .... convert back to Naira around the latter part of November when the Naira will likely be hitting rock bottom.
Re: Naira Down To N1,600/$ In Parallel Market by ivandragon: 10:55am On Aug 21, 2024
Naira down?

These people should stop being ridiculous.

The only time this government can be applauded on this fx issue is when it comes down to N300-N350:$1...


If in 2014 bat said N180-N216:$1 was bad, then N1,500:$1 today is an eyesore
Re: Naira Down To N1,600/$ In Parallel Market by PissInside: 10:55am On Aug 21, 2024
diamond68:
I can walk into zenith bank and cash out bitcoin ? How does it work ?
Bitcoin is digital money.... Everything is done online.
Re: Naira Down To N1,600/$ In Parallel Market by anonimi: 10:56am On Aug 21, 2024
Okortor:
EFCC should arrest speculators. Nonsense and ingredients
Speculators like Tinubu, Cardoso and Edun? Or what other speculators do you have in mind?

World Bank offers Nigeria forex rate advice, as Tinubu eyes N200/Dollar rate

Published 1 year ago on April 23, 2023

The President-elect said he would work with the Central Bank of Nigeria (CBN) to bring down the exchange rate to N200 in his first term.

“My administration will collaborate with the Central Bank to harmonize the fiscal and monetary policy to achieve immediate stabilization of the value of the naira against the US dollars and other currencies and in the short term, strengthen the naira by boosting the supply of foreign currency and moderating demand.

“The short-term goal is to achieve a naira/dollar rate of 300 naira/US$ and gradually achieve a less than 200 naira rate over the next four years,” Tinubu stated.

https://www.ripplesnigeria.com/world-bank-offers-nigeria-forex-rate-advice-as-tinubu-eyes-n200-dollar-rate/?amp
Re: Naira Down To N1,600/$ In Parallel Market by Sonyboom: 11:00am On Aug 21, 2024
Tinubu should sack both Cardoso n Wale Edun this two foolish souls obviously have no idea how to handle the CBN or the economy.
Re: Naira Down To N1,600/$ In Parallel Market by concho(m): 11:04am On Aug 21, 2024
Sonofgod1990:
one of my boy picked about 11k doll last night. dat about 17million.. nice one from d government. i have about 12k doll i wil not trade am until dollar reach 3k per naira
Pick or thief ?
Re: Naira Down To N1,600/$ In Parallel Market by Manculated:
ogododo:
https://www.vanguardngr.com/2024/08/naira-down-to-n1600-in-parallel-market/
Take your lives very serious.

Black men can't build an optimal functioning society.
Re: Naira Down To N1,600/$ In Parallel Market by Otuegbe: 11:23am On Aug 21, 2024
Peter obi is the cause.
Reno omokri please say something.
Re: Naira Down To N1,600/$ In Parallel Market by coleon(m): 11:32am On Aug 21, 2024
Nbote:
We no kuku send again. Even the CBN has given up on trying to pad the naira. As you can see even Baba is tired



The fact that you belive some imaginary speculators apart from the govt are the ones manipulating the prices shows that some of your know absolutely nothing
Are you not aware most Nigerians are dense particularly the agbado supporters.
It's the same way some of them believed it's some imaginary cabal that is benefitting from subsidy payment until the NNPC came out to categorically state that they have not paid a single kobo as subsidy to anyone for the past 9 years.
They have been the sole importer of petrol, so what was the scam the APC positioned to them for?
Re: Naira Down To N1,600/$ In Parallel Market by Funkyswagzz(m): 11:33am On Aug 21, 2024
I'm tired of this government no hope of the economy getting better
1 2 3 Reply

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