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Naira Appreciates Against Dollar - Business - Nairaland

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Naira Appreciates Against Dollar by Anasko(op): 7:53pm On Jun 10, 2016
The Naira, on Friday, appreciated against the dollar at the parallel market, trading at N352, from N370 traded on Wednesday. The News Agency of Nigeria (NAN) reports that the Nigerian currency gained N18 between Wednesday and Friday. The currency, however, weakened further against the Pound Sterling and the Euro as it exchanged for N515 and N405 respectively. Meanwhile, the official exchange rate remained at N197 to a dollar at the apex bank window. Traders at the market told NAN that the market got a boost due to the availability of the greenback for trading.


http://thenationonlineng.net/naira-appreciates-dollar-2/
Re: Naira Appreciates Against Dollar by redcap: 8:01pm On Jun 10, 2016
Lies, I got it for 367 this afternoon.
Re: Naira Appreciates Against Dollar by loveuGOD: 8:23pm On Jun 10, 2016
I bought 370 today
Re: Naira Appreciates Against Dollar by CACAWA(m): 8:31pm On Jun 10, 2016
OP did you just mention official exchange rate?

Who uses that?
Re: Naira Appreciates Against Dollar by aljharem(m): 8:31pm On Jun 10, 2016
Apc met dollar at 210 naira, before the end of the year, Dollar was 385 naira. What a drastic decline of the country
Re: Naira Appreciates Against Dollar by amaechi1: 8:35pm On Jun 10, 2016
aljharem:
Apc met dollar at 210 naira, before the end of the year, Dollar was 385 naira. What a drastic decline of the country
You have just shot yourself on the foot. OBJ left it @145, GEJ took it up from Yaradua @150 and left at 210 despite the wastage of defending the naira.
Re: Naira Appreciates Against Dollar by Nobody: 8:39pm On Jun 10, 2016
amaechi1:
[s]

You have just shot yourself on the foot. OBJ left it @145, GEJ took it up from Yaradua @150 and left at 210 despite the wastage of defending the naira.[/s]
You shot yourself in the mouth...GEJ inherited dollar @150 but took solid 5 yrs to get to 210. But with Buhari, it took less than 9 months to take it from 210 to 370.
Re: Naira Appreciates Against Dollar by aljharem(m): 8:44pm On Jun 10, 2016
amaechi1:
You have just shot yourself on the foot. OBJ left it @145, GEJ took it up from Yaradua @150 and left at 210 despite the wastage of defending the naira.
ok mumuni, calculate the difference between 210-150 within a soace of 6 years and 380 -210 within a year
Re: Naira Appreciates Against Dollar by 989900:
Flexible exchange rate, Yuan deal, all hanging in the air. This is what uncertainties breed: fluctuation.

Going thru the comments, I do not think this is the right time to be doing back and forth on who's to blame less or blame more -- that's waste of energy -- burning resources we don't have (time, MB, battery life/energy, sweat, and e.t.c) without learning anything, nor proffering anything.

Solutions we can all glean from would rather be more appropriate use of time right now -- time = Naira/Dollar.
Re: Naira Appreciates Against Dollar by damoneymag(m): 9:09pm On Jun 10, 2016
989900:
Flexible exchange rate, Yuan deal, all hanging in the air. This is what uncertainties breed: fluctuation.
Thats true. After all the ado about yuan deal, i thought by now 1naira = 1 dollar. What a shame
Re: Naira Appreciates Against Dollar by onatisi(m): 10:26pm On Jun 10, 2016
uduak2016:
You shot yourself in the mouth...GEJ inherited dollar @150 but took solid 5 yrs to get to 210. But with Buhari, it took less than 9 months to take it from 210 to 370.
Thanks a lot for showing that guy that common sense is not common. I don't know how some ppl still have the gut and moral sense to defend buhari when even buhari party stalwarts are admitting the fact that they have under performed.
Re: Naira Appreciates Against Dollar by agarawu23(m): 12:26am On Jun 11, 2016
onatisi:
Thanks a lot for showing that guy that common sense is not common. I don't know how some ppl still have the gut and moral sense to defend buhari when even buhari party stalwarts are admitting the fact that they have under performed.
the past govt is from your soil so u will definitely defend him.

The past govt stole all our foreign reserves.
the money the past govt stole where all in dollars and you expect the present govt to shitt dollar for u so u can buy 200#/$ abi?

We are still suffering from the mess the past govt put us tru.
Re: Naira Appreciates Against Dollar by Nobody: 7:09am On Jun 11, 2016
Only Buhari
Re: Naira Appreciates Against Dollar by Lordskyes(m): 7:09am On Jun 11, 2016
Ahhh
Re: Naira Appreciates Against Dollar by MARKone(m): 7:09am On Jun 11, 2016
Na lie

Re: Naira Appreciates Against Dollar by emeijeh(m): 7:09am On Jun 11, 2016
This Naira appreciate today.... Depreciate tomorrow don tire me..... Reminds me of WWE fights between Hulk Hogan and The Ultimate Warrior.... One falls on the other, the referee counts 2, and a very weak wrestler gets energy to throw away his opponent. The process is repeated throughout the fight.

Funny fights that held us spellbound.

APC! we are still waiting for $1=N1
Re: Naira Appreciates Against Dollar by ugosonics: 7:11am On Jun 11, 2016
Am just watching these people
Re: Naira Appreciates Against Dollar by mondee02(m): 7:11am On Jun 11, 2016
Congratulations
Re: Naira Appreciates Against Dollar by Imoy(m): 7:13am On Jun 11, 2016
agarawu23:
the past govt is from your soil so u will definitely defend him.

The past govt stole all our foreign reserves.
the money the past govt stole where all in dollars and you expect the present govt to shitt dollar for u so u can buy 200#/$ abi?

We are still suffering from the mess the past govt put us tru.
Stop the blame game and tell ur govt to start working, stop giving them excuses.

Is this how they intend to continue blaming the past administration?

Its past a year now.
Re: Naira Appreciates Against Dollar by bros12345: 7:13am On Jun 11, 2016
agarawu23:
the past govt is from your soil so u will definitely defend him.

The past govt stole all our foreign reserves.
the money the past govt stole where all in dollars and you expect the present govt to shitt dollar for u so u can buy 200#/$ abi?

We are still suffering from the mess the past govt put us tru.
Are you not ashamed to write this epitaph that you just wrote here?

In 6 years dollar, 150-210 ( difference - N60 )

In 9 Months, dollar, 210 - 380 (difference - 170)

At this rate, Buhari will take it to N1,500 in 8 years.
Re: Naira Appreciates Against Dollar by luvinhubby(m): 7:14am On Jun 11, 2016
agarawu23:
the past govt is from your soil so u will definitely defend him.

The past govt stole all our foreign reserves.
the money the past govt stole where all in dollars and you expect the present govt to shitt dollar for u so u can buy 200#/$ abi?

We are still suffering from the mess the past govt put us tru.
Which mess did they put you? Point one.
Re: Naira Appreciates Against Dollar by FlawlessJ: 7:14am On Jun 11, 2016
Where is Dis country heading to oooo
Re: Naira Appreciates Against Dollar by Firefire(m): 7:15am On Jun 11, 2016
Wickedness. undecided
Re: Naira Appreciates Against Dollar by FlawlessJ: 7:15am On Jun 11, 2016
Where is Dis country heading to oooo
Re: Naira Appreciates Against Dollar by ednut1(m): 7:15am On Jun 11, 2016
the ship of this country is heading towards a disastrous and pestilencial aqua . if buhari and co do not take urgent steps to meander dis obvious problems Nigeria is doomed. listening to prophet Felas -Overtake don overtake overtake
Re: Naira Appreciates Against Dollar by Nobody: 7:16am On Jun 11, 2016
bros12345:
Are you not ashamed to write this epitaph that you just wrote here?

In 6 years dollar, 150-210 ( difference - N60 )

In 9 Months, dollar, 210 - 380 (difference - 170)

At this rate, Buhari will take it to N1,500 in 8 years.
in 6years of too much money from oyel, naira still fell From 150-235 which is about 85naira...

Are you not ashamed?
Re: Naira Appreciates Against Dollar by Nobody: 7:16am On Jun 11, 2016
The difference is not even suitable to anyone... Tell me when its back to #145
Re: Naira Appreciates Against Dollar by Firefire(m): 7:16am On Jun 11, 2016
agarawu23:
the past govt is from your soil so u will definitely defend him.

The past govt stole all our foreign reserves.
the money the past govt stole where all in dollars and you expect the present govt to shitt dollar for u so u can buy 200#/$ abi?

We are still suffering from the mess the past govt put us tru.
Continue believing Alh. Lienus. undecided
Re: Naira Appreciates Against Dollar by dukeprince50: 7:17am On Jun 11, 2016
Nda is being sponsored by a politician avoiding efcc, u heard it here first
Re: Naira Appreciates Against Dollar by Firefire(m): 7:18am On Jun 11, 2016
damoneymag:
Thats true. After all the ado about yuan deal, i thought by now 1naira = 1 dollar. What a shame
You dey mind the 419 Fifu ?
Re: Naira Appreciates Against Dollar by pendusky(m): 7:18am On Jun 11, 2016
I am still waiting for the change APC promised Nigerians

$1 equals =N=1

grin


3 More Years of Suffering remaining ! and we will still vote in them!

let say 7 years at most. grin
Re: Naira Appreciates Against Dollar by zig2ryme04: 7:18am On Jun 11, 2016
I made a withdrawal on my forex account as at 4:00pm yesterday and the exchange rate was 365.
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