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Naira Depreciates Further At Parallel Market- ( pic) - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessNaira Depreciates Further At Parallel Market- ( pic) (19866 Views)

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Naira Depreciates Further At Parallel Market- ( pic) by centvin008(op): 6:35pm On Oct 05, 2015
The naira on Monday further depreciated against the dollar at the parallel market.

The naira lost N1.50 to the dollar as it was traded at N225.5 to the dollar at the parallel market on Monday afternoon.
This is against the N224 to the dollar recorded last Friday.
Meanwhile, the official interbank rate also dropped by 0.05 to N196.95 to the dollar.
Traders at the parallel market attributed the depreciation of the naira at the market to insufficient quantity of dollar at the market.

http://www.vanguardngr.com/2015/10/naira-depreciates-further-at-parallel-market/

Re: Naira Depreciates Further At Parallel Market- ( pic) by tpiander: 6:42pm On Oct 05, 2015
hope it appreciates at some point.
Re: Naira Depreciates Further At Parallel Market- ( pic) by debris: 6:45pm On Oct 05, 2015
sad
Re: Naira Depreciates Further At Parallel Market- ( pic) by Sweetcollins: 5:42am On Oct 06, 2015
Jesu!...I wiry mek 1nira ikwolu to 1 dolla
Another mission impossible!
Re: Naira Depreciates Further At Parallel Market- ( pic) by amdoyin82(m): 5:43am On Oct 06, 2015
Buhari, say u dey hear... Ur promise oo
Re: Naira Depreciates Further At Parallel Market- ( pic) by olatuneji: 5:43am On Oct 06, 2015
smiley
Re: Naira Depreciates Further At Parallel Market- ( pic) by newspostng(m): 5:43am On Oct 06, 2015
again...
Re: Naira Depreciates Further At Parallel Market- ( pic) by Zi: 5:44am On Oct 06, 2015
Uncle Bubu, how far?
Re: Naira Depreciates Further At Parallel Market- ( pic) by shegelu:
mm
Re: Naira Depreciates Further At Parallel Market- ( pic) by fejikudz(m): 5:45am On Oct 06, 2015
.
Re: Naira Depreciates Further At Parallel Market- ( pic) by adjoviomole(m): 5:45am On Oct 06, 2015
Naira just dancing skelewu up n down, u knw fit stay one place ni undecided
Re: Naira Depreciates Further At Parallel Market- ( pic) by urshawmoore(m): 5:46am On Oct 06, 2015
K
Re: Naira Depreciates Further At Parallel Market- ( pic) by Lincoln275(m): 5:46am On Oct 06, 2015
Hmmmmm
Re: Naira Depreciates Further At Parallel Market- ( pic) by TI1919(m): 5:46am On Oct 06, 2015
undecided
Re: Naira Depreciates Further At Parallel Market- ( pic) by matzobi: 5:46am On Oct 06, 2015
lipsrsealed
Re: Naira Depreciates Further At Parallel Market- ( pic) by macolino(m): 5:48am On Oct 06, 2015
Please let me know when one dollar is equal to one naira.
Re: Naira Depreciates Further At Parallel Market- ( pic) by Abeymills(m): 5:49am On Oct 06, 2015
Hailing hailers hw far?food don come
Re: Naira Depreciates Further At Parallel Market- ( pic) by Adesiji77: 5:51am On Oct 06, 2015
Ping Pong cool
Re: Naira Depreciates Further At Parallel Market- ( pic) by Sweetcollins: 5:52am On Oct 06, 2015
Baba go-slow abeg put gear2 nah...tym is short
Re: Naira Depreciates Further At Parallel Market- ( pic) by slap1(m): 5:52am On Oct 06, 2015
All those promises...
Re: Naira Depreciates Further At Parallel Market- ( pic) by Nobody: 5:53am On Oct 06, 2015
I don't know what's naira, I only use Biafra pounds, which is even more higher than the so called dollars
Re: Naira Depreciates Further At Parallel Market- ( pic) by candidbabe(f): 5:54am On Oct 06, 2015
grin grin grin grin grin grin grin grin
Re: Naira Depreciates Further At Parallel Market- ( pic) by kingcomet(m): 5:54am On Oct 06, 2015
alright
Re: Naira Depreciates Further At Parallel Market- ( pic) by xamster(m): 5:55am On Oct 06, 2015
I hope we make the step towards re-evaluation.
Re: Naira Depreciates Further At Parallel Market- ( pic) by ragiluhivo(m): 5:55am On Oct 06, 2015
Nigeria is doomed
Re: Naira Depreciates Further At Parallel Market- ( pic) by justi4jesu(f): 5:56am On Oct 06, 2015
I comment my reserve huh huh
Re: Naira Depreciates Further At Parallel Market- ( pic) by Nobody: 5:58am On Oct 06, 2015
naija get well soon sad
Re: Naira Depreciates Further At Parallel Market- ( pic) by tolustx(m): 5:59am On Oct 06, 2015
Please, somebody should tell PMB that we are waiting for him to put d process to make N1=$1 in motion. That is why people voted for him but it has been getting worse by the day. This is not the change they voted for.

Well, I've said before that change does not mean progress, but I hope these people will wake up to their responsibilities and start work on the major aspects of governance that they need to focus on and not just traveling all over the world on excursion.
Re: Naira Depreciates Further At Parallel Market- ( pic) by sunnywhyt(m): 6:01am On Oct 06, 2015
Wen will 1D equals to 1N?
Re: Naira Depreciates Further At Parallel Market- ( pic) by simongonner: 6:04am On Oct 06, 2015
hmmm bad news
Re: Naira Depreciates Further At Parallel Market- ( pic) by Clone2020(m): 6:08am On Oct 06, 2015
It may be cheaper burning a pile of 10 naira notes than buying firewood.
1 2 3 Reply

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