Naira Plummets To N1,745/$1, Traders Blame Speculators - Business (2) - Nairaland
Nairaland Forum › Nairaland General › Business › Naira Plummets To N1,745/$1, Traders Blame Speculators (16536 Views)
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by Okechinwadike: 1:45pm On Dec 11, 2024 |
unclejb2:please stop blaming tinubu, blame the urchins that called them selves agbadorians. Maybe there own dollar is not up to #200 that's why the government will favour them and their families |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by NaijaCrusader: 1:45pm On Dec 11, 2024 |
Madness! Where are those praising the inefficient Yemi Cardoso or the incompetent president and his aides? Those driving Nigeria are the worst of us they only got there by criminal activities and brazen acts of impunity supported by corrupt judiciary |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by SmartyPants(m): 1:46pm On Dec 11, 2024 |
TimeManager:The P2P market is the strongest indicator of the rate. ..the offline markets are sure to follow the P2P soon enough. However I certain this is not the resting rate. It will likely bounce around for a while. |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by Kingsean(m): 1:46pm On Dec 11, 2024 |
TimeManager:There! that is better. i have corrected your post |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by optimusprime2(m): 1:46pm On Dec 11, 2024 |
When the Naira truly appreciates everyone will know, because it will also reflect on the costs of things generally... starting with the cost of fuel. For now nothing dey happen so nothing surprising |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by jaxxy(m): 1:47pm On Dec 11, 2024 |
Lol criminals |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by Pusyiter(m): 1:47pm On Dec 11, 2024 |
Gboju gboju economic policies |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by Mandatemovent: 1:47pm On Dec 11, 2024 |
"bolekaja" doings |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by frankputer: 1:49pm On Dec 11, 2024 |
It’s a lie. It’s N1,545 on google exchange rate |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by VanuatuWycombe: 1:50pm On Dec 11, 2024 |
It is still N1510 as at a minute ago. That’s GTBank Platform. Not all this foreign online currency speculation sites.
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| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by nairalanda1(m): 1:51pm On Dec 11, 2024 |
If you want a strong currency Manufactured goods and services |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by Hopss(m): 1:53pm On Dec 11, 2024 |
until Nigerians terms of trade become positive, all these talk about naria gaining against dollar is just surface dressing. |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by Choiceone1: 1:53pm On Dec 11, 2024 |
ogododo:Yeye government with yeye paid bots online using mumu propaganda to govern |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by flyinnizam(m): 1:53pm On Dec 11, 2024 |
CodeTemplar:tell that to ur vegetable president which u defend all the time |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by braveboi4life: 1:54pm On Dec 11, 2024 |
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| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by Chetas81(m): 1:54pm On Dec 11, 2024 |
Who can cure the Nigerian sickness become unknown to me, your government borrowing billion dollar for mega project, you think your currency can rise up against dollars, pls remain in your dream🐊🦖 |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by ufotunang: 1:54pm On Dec 11, 2024 |
That EFEMS system that the CBN governor introduced and says is using it to appreciate the dollars ..is that a permanent solution to the depreciation of the naira...now the naira has deprecriates back after appreciating for some days... nigeria been a producing economy is the solution to appreciate the naira against the dollars.. more exportation and less Importation.. and nigerians to buy, patronize , value what they have in their own country not always the passion and love and too much demand for foreign things, foreign universities abroad, foreign hospitals abroad, foreign fuel, disel, kerosene, foreign cars, foreign rice and goods all this put pressure on the demand for scarce dollars and weaken and depreciaties the naira against the dollars |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by Obaaderemi2: 1:57pm On Dec 11, 2024 |
kokakola:Walahi. |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by Riskymarvelous(m): 1:59pm On Dec 11, 2024 |
Buh some useless Nigerians are jubilating cos the dollar decreased from #1700 to #1600 last week here just the difference of #100 OOO so where are we now ![]() |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by kevoh(m): 2:00pm On Dec 11, 2024 |
VanuatuWycombe:Go to the nearest GTB bank near and ask to buy dollars, I promise you they will either not sell to you at that rate or claim they have no dollars to give to you. The inability of banks to sell dollars to regular Nigerians is the reason the so called speculators exist in the first place. |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by VanuatuWycombe: 2:02pm On Dec 11, 2024 |
kevoh:You don’t need to go there. Using your app, you buy directly from your Naira account and move to your Dollar account and vice-versa |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by wellmax(m): 2:05pm On Dec 11, 2024 |
Naira appreciates Mob: It’s normal for currency to appreciate in December. It’s inflow from abroad nothing to celebrate Naira depreciate Again mob: This govt is clueless, they don’t know what they are doing. Don’t be like the ipobic, obidencce mob. |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by EndBuhariNow(m): 2:06pm On Dec 11, 2024 |
He went to France borrow dollars pumped it inside exchange and some ediots started comparing him with God.. the worst human being God created are yellowbar Muslims |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by TTPAAR(m): 2:08pm On Dec 11, 2024 |
U see am na! I knew it was all shades of temporary excitement |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by Holyfic: 2:09pm On Dec 11, 2024 |
Will be selling our oil in naira chronic fools |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by kevoh(m): 2:11pm On Dec 11, 2024 |
VanuatuWycombe:Been trying that on my Access bank app in the past few weeks, that sh*t never works. It's there for fancy. Even tried it in Access bank right in from of Access bank staff! It didn't work. I ended up buying almost $7200 dollars worth from aboki at different intervals and physically depositing in my domiciliary account instead. Like I said, if these things were working as it should speculators and the parallel market would never dictate the pace. |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by ppogba: 2:11pm On Dec 11, 2024 |
CodeTemplar:What are those imports sir. I want to learn. |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by kellybently(m): 2:16pm On Dec 11, 2024 |
123456789O:Is available #1580 if you interested bulk supply biko. |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by yommysure(m): 2:18pm On Dec 11, 2024 |
kokakola:Bitter truth |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by HugoBoss10(m): 2:20pm On Dec 11, 2024 |
TimeManager:It's either you are so naive or you are just being mischievous ![]() |
| Re: Naira Plummets To N1,745/$1, Traders Blame Speculators by tpain121: 2:20pm On Dec 11, 2024 |
ogododo:Where are my useless RONUKUS ![]() Where are my fellow AGBADORIANS. Let’s gather here and tell the house another lie why the naira is bleeding . 😁😁😁😁 |
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chronic fools