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Nairaland Forum / Nairaland / General / Business / Commercial Banks To Set Naira Rate On Monday Without CBN Intervention (28900 Views)
Naira Rate Against The Dollar, Pounds And Euros Today 27/04/2017 / ‘this Is Why The Naira Fell Despite CBN Intervention’ – ABCON / Today's Naira Rate Against The Dollar, Pounds And Euro (2) (3) (4)
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by seedorfg(m): 3:48pm On Jun 18, 2016 |
change i guess |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by dahmie2013: 3:54pm On Jun 18, 2016 |
Ghen Ghen Ghen Ghen Ghen! Dis one na movie! |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by IVORY2009(m): 4:02pm On Jun 18, 2016 |
abhosts: 325 per dollar 2 Likes |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by hustla(m): 4:13pm On Jun 18, 2016 |
MKO4ever: In a year things should be a bit stable if they don't put politics into it again 1 Like |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by Adesiji77: 4:17pm On Jun 18, 2016 |
IVORY2009: You expect dollar/=N= to close at that rate on Monday? |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by Nobody: 4:32pm On Jun 18, 2016 |
What we have been crying for this government to implement for long. I hope the tales i'm hearing of the dollar now pegged at 197 Naira is not true. |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by yinkeys(m): 4:41pm On Jun 18, 2016 |
Is there any bank at the moment that charges 280naira for a dollar |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by grandstar(m): 4:47pm On Jun 18, 2016 |
goodlifehyd: Price should drop to about 250-260 eventually |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by AngryNigerian(m): 4:55pm On Jun 18, 2016 |
Bereau De Change people nkò? Hmmm...leme go & make necessary purchases for nxt month, & maybe d upper one. I no trust Emefiele & his gang of bank thieves; they don't have mercy on poor masses at all!!! |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by Febcom(m): 5:07pm On Jun 18, 2016 |
Osgilliat: This sounds good to hear, but sure will soon be back to share the experience |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by ManirBK: 5:10pm On Jun 18, 2016 |
MKO4ever:Please can u explain to me fully in LAYMAN LANGUAGE what are they going to do on monday about the DOLLAR v NAIRA ? |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by Chiboboski: 5:11pm On Jun 18, 2016 |
seguno2:If he wasn't tight fisted this brilliant idea wouldn't have come up. 1 Like |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by drizzymadbet(m): 5:14pm On Jun 18, 2016 |
HAH: Hello this is Nigeria. Everything is possible. |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by Nobody: 5:19pm On Jun 18, 2016 |
Heeeeeeeegh, abeg let them wait beyond monday so I can go and convert my money back to naira. I bought at #357/$. With a spread of #1, I don't think the exchange rate will be anything in the neighbourhood of even #350/$. |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by mobaking: 5:23pm On Jun 18, 2016 |
Ussyberry:All banks are now primary dealers. All banks have been appointed primary forex dealers so as not to make the public withdraw their money from non primary dealers/banks. 3 Likes |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by AgentGoat: 5:31pm On Jun 18, 2016 |
MKO4ever:bro no vex o i beg explain to me in simple term how this new policy ll help the naira. Because i am thinking commercial banks ll decide to do as they like as the government have given them the free hand to control the exchange rate. |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by mmadubugwu(m): 5:32pm On Jun 18, 2016 |
damiplovR: Which bank is that? |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by Toks2008(m): 5:58pm On Jun 18, 2016 |
MKO4ever: I keep reiterating that until the yuan is also introduced, we may see a further appreciation of the dollar against the naira. Majority of people who buy dollars are importers from Japan and China so if the yuan is integrated, the demand on dollar will drastically reduced thereby forcing a sharp appreciation of the naira. 1 Like |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by Metete60: 6:02pm On Jun 18, 2016 |
Lai Mohammed should throw more lights please. |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by Megasaucy(f): 6:07pm On Jun 18, 2016 |
Special announcement! Round tripping bazaar in the banks starts on Monday peeps! I pity the Naira! |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by 2sexycom(m): 6:12pm On Jun 18, 2016 |
damiplovR:change bank. |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by IVORY2009(m): 6:12pm On Jun 18, 2016 |
Adesiji77:Mistake =N=225 |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by diva90: 6:16pm On Jun 18, 2016 |
So will this prompt the resumption of PTA and BTA sales |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by damiplovR(f): 6:33pm On Jun 18, 2016 |
mmadubugwu:Gtbank fa |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by Nobody: 6:33pm On Jun 18, 2016 |
MKO4ever:You are making a big mistake in a dreamland.Have you ever heard of corporate conspiracy? This happened in the NSA. ..THE BANKING SECTOR, I can say it, the financial institutions will conspire to defraud Nigerians within 3 months of the kick off. They now see dz as an avenue to make up all the profits dt delude dm as a result of global oil crash. Mark my words, the financial institutions are only after profit making, they would end up selling the dollar above 400 b4 the ending of October. This people are very greedy and wicked, we are a nation dt imports almost 85%of our domestic needs. Remember, dz same ppl told government of Nigeria to stopped paying western union. moneygrams and others in foreign currencies, after paying you the naira equivalent. ..they sold your foreign $€£ at an exorbitant price .This is the beginning of recession, A kind of set up for PMB. .....Let's wait and pray for the best for our darling nation. 2 Likes |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by Nobody: 6:48pm On Jun 18, 2016 |
goodlifehyd: I am sorry, had to check your profile after reading your comment. So, bank a will peg it's dollar sale at 360 and bank b will be 300...so, Nigerian bank now prints dollar to the extend that they can choose to crash it anyhow. Guy are you sure you are Nigerian Representative for MAXCURE Hospital INDIA? 2 Likes |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by Nobody: 7:02pm On Jun 18, 2016 |
you are inviting him to lie again, right? Metete60: |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by eniteden(m): 7:29pm On Jun 18, 2016 |
No b today yanch dey back, it has taaaaayyed. |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by jublazer(m): 7:46pm On Jun 18, 2016 |
MKO4ever:☺ Nairaland planet after Pluto... |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by Ezekiel68(m): 7:48pm On Jun 18, 2016 |
MKO4ever:lol |
Re: Commercial Banks To Set Naira Rate On Monday Without CBN Intervention by manmidtexy(m): 9:18pm On Jun 18, 2016 |
Remii: @ remii..you are the only one that just hit the nail @ d right spot. All Nigerians have to confirm that CBN has done the right thing faithfully or transparency in all FX transactions by daily posting via every media channels available. I wish to know you. I believe this move should affect Mastercard and Visa Card holders denominated in Naira for foreign transaction via online and ATM @ dia said commercial bank rates. Am confused about one thing, Will all commercial banks have a unitary rate or different rate ? |
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