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Official Rate Now: N168 To 1$. What Does This Mean? - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessOfficial Rate Now: N168 To 1$. What Does This Mean? (985 Views)

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Official Rate Now: N168 To 1$. What Does This Mean? by ibrahim(op): 6:26pm On Nov 25, 2014
CBN has announced devaluation of the Naira to 168 to a Dollar! Is this the end?
Re: Official Rate Now: N168 To 1$. What Does This Mean? by umar745(m): 6:43pm On Nov 25, 2014
It means that elections is around the corner so the politicians can now bring out the hidden dollars and make a profit changing them to naira.
Re: Official Rate Now: N168 To 1$. What Does This Mean? by lifestyle1(m): 6:51pm On Nov 25, 2014
Re: Official Rate Now: N168 To 1$. What Does This Mean? by acenazt: 7:19pm On Nov 25, 2014
it has actually 1 USD =177NGN. Its better than last week when it was 182
Re: Official Rate Now: N168 To 1$. What Does This Mean? by Nobody: 9:21pm On Nov 25, 2014
acenazt:
Its better than last week when it was 182
I know it was once this. So why all the fuss about it hitting $168 now?
Re: Official Rate Now: N168 To 1$. What Does This Mean? by acenazt: 11:47pm On Nov 25, 2014
charix:
I know it was once this. So why all the fuss about it hitting $168 now?
it has been devalued. every thing now will be more expensive.
1 Reply

Breaking News!!dollar Rate Now 204.CBN Devalues Naira By N13, Fixes N168 To DollarWhy Do $1=N162 Everywhere While China Peeps Take $1=N168????234

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