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Exchange Rate As Of Today, July 1st - Business (3) - Nairaland

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Dollar Exchange Rate As At This Evening / Exchange Rate As Of Today / Naira To Dollar Exchange Rate As At 1983 (Pictured) (2) (3) (4)

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Re: Exchange Rate As Of Today, July 1st by Nobody: 7:26am On Jul 02, 2016
RichYoungNigga:
I'm not impressed. The exchange rate should be $1 to 600 naira.
I want Buhari to rule Nigeria for 100 years

Na so baba mi the nigga just dey bless street dey go.. Sai baba for 100years
Re: Exchange Rate As Of Today, July 1st by cuteemperor(m): 7:27am On Jul 02, 2016
8BitGee:


I live in the UK...and I think I remember you from the tier 4 visa thread some years ago.

Really, there is a tier 4 visa thread on Nairaland and I'm not aware, please point me in the right direction.... Link please.
Re: Exchange Rate As Of Today, July 1st by Toks2008(m): 7:27am On Jul 02, 2016
chimah3:
Smh

So what was all the noise about the flexible policy nonsense they were making noise about just last week??

Ignorance n confusion

419 policy.

I wrote before the policy was implemented that the dollar will only depreciate if the yuan is also introduced into the interbank where people can source for yen directly.

This is the only way the demand on dollar will drastically reduced as many buyers of USD who happens to be China allies will simply go for the yuan thereby forcing the naira to appreciate against the USD.
Re: Exchange Rate As Of Today, July 1st by amakenny: 7:35am On Jul 02, 2016
magicminister:
[size=15pt]What is the point of the forex policies created by this administration? ?[/size]

The essence is forward never, backwards ever.

Flip flops. Confusion.
Re: Exchange Rate As Of Today, July 1st by onatisi(m): 7:36am On Jul 02, 2016
Toks2008:


419 policy.

I wrote before the policy was implemented that the dollar will only depreciate if the yuan is also introduced into the interbank where people can source for yen directly.

This is the only way the demand on dollar will drastically reduced as many buyers of USD who happens to be China allies will simply go for the yuan thereby forcing the naira to appreciate against the USD.
Forget all the talk about yuan ,all Na lies . The dollar will still rise to 400 just wait and see. Abi no be buhari again
Who no know go know

2 Likes 1 Share

Re: Exchange Rate As Of Today, July 1st by iamVirus(m): 7:36am On Jul 02, 2016
DonaldGenes:
Do you know any one willing to sell Adsense?
iMean genuine Nigerians
I have US non verified. I don't know anyone who wants to sell
Re: Exchange Rate As Of Today, July 1st by cuteemperor(m): 7:36am On Jul 02, 2016
onatisi:

You voted for a dullard and now u are complaining
Don't complain,just run around and get the money before the rates go higher. Enjoy the dividends of your investment.

Bros, temper justice with mercy nau, moreover, I didn't vote for him because I'm convinced he can do better than his predecessor, I voted for him cos I thought the country needed the change... I no know say e go come worst like this.... And eheeeeen bros, u sef fit invest into me ooooo... As u no say I dey look for money nau, make I send my account details make u find your boy some CHANGE nau,

3 Likes 1 Share

Re: Exchange Rate As Of Today, July 1st by cuteemperor(m): 7:38am On Jul 02, 2016
onatisi:

Forget all the talk about yuan ,all Na lies . The dollar will still rise to 400 just wait and see. Abi no be buhari again
Who no know go know

Bros nau, no give person heart attack for here nau, 400 gini, fear God nau
Re: Exchange Rate As Of Today, July 1st by onatisi(m): 7:44am On Jul 02, 2016
cuteemperor:
Bros, temper justice with mercy nau, moreover, I didn't vote for him because I'm convinced he can do better than his predecessor, I voted for him cos I thought the country needed the change... I no know say e go come worst like this.... And eheeeeen bros, u sef fit invest into me ooooo... As u no say I dey look for money nau, make I send my account details make u find your boy some CHANGE nau,
bros,get money ,buy the dollars and get out of naija. Things will still get tougher and the dollar will still rise higher.
Buhari and his team have lost control of the economy.

2 Likes

Re: Exchange Rate As Of Today, July 1st by onatisi(m): 7:46am On Jul 02, 2016
cuteemperor:


Bros nau, no give person heart attack for here nau, 400 gini, fear God nau
it seems most of u supporting him dont know buhari very well . Ok oo. I no go argue before ppl call me prophet of doom again

Re: Exchange Rate As Of Today, July 1st by truthspeaks: 7:49am On Jul 02, 2016
Keneking! Ur account has bn hacked. Pls type the 'amazing' usuals cheesy cheesy Buhari sef
Keneking:
Useless policy

2 Likes

Re: Exchange Rate As Of Today, July 1st by 8BitGee(m): 7:50am On Jul 02, 2016
cuteemperor:

I am not hoping to stay back in the UK after my studies bro, Just one year for my masters.....

I have a beautiful gf and a family farm to come back to in Nigeria, moreover, I don't think a security or janitor job in the cold is good for me.

Haha grin

Nae bother. You go soon know what's up cheesy
Re: Exchange Rate As Of Today, July 1st by agarawu23(m): 7:51am On Jul 02, 2016
.
Re: Exchange Rate As Of Today, July 1st by 8BitGee(m): 7:52am On Jul 02, 2016
cuteemperor:


Really, there is a tier 4 visa thread on Nairaland and I'm not aware, please point me in the right direction.... Link please.

https://www.nairaland.com/2575449/uk-student-visa-tier-4/54
Re: Exchange Rate As Of Today, July 1st by agarawu23(m): 7:53am On Jul 02, 2016
Barackmeringo:


And you're contesting for Mr Nairaland?

With this statement?

Well, go on and win
wetin concern mr Nl with his comment? He has the right to his own opinion undecided
Re: Exchange Rate As Of Today, July 1st by Barackmeringo: 7:55am On Jul 02, 2016
agarawu23:
wetin concern mr Nl with his comment? He has the right to his own opinion undecided


Saying he wants 1$ to be #600?
shocked shocked shocked shocked shocked shocked shocked
Brother??

Then he would make nairaland a paid site niyen

1 Like

Re: Exchange Rate As Of Today, July 1st by cuteemperor(m): 7:55am On Jul 02, 2016
8BitGee:


Haha grin

Nae bother. You go soon know what's up cheesy

Talk am for my ear abeg, what's up bro
Re: Exchange Rate As Of Today, July 1st by lorenzy26(m): 7:57am On Jul 02, 2016
I pray it goes higher until my Niga nd bro returns from d State in December nd change their dols in higher amount of Naira
Re: Exchange Rate As Of Today, July 1st by cuteemperor(m): 7:58am On Jul 02, 2016
8BitGee:


https://www.nairaland.com/2575449/uk-student-visa-tier-4/54

Thanks Boss, Abeg, where be your area for UK, make I help u bring garri come whenever I dey enter.
Re: Exchange Rate As Of Today, July 1st by cuteemperor(m): 7:59am On Jul 02, 2016
lorenzy26:
I pray it goes higher until my Niga nd bro returns from d State in December nd change their dols in higher amount of Naira
Selfish and wicked somebori

1 Like

Re: Exchange Rate As Of Today, July 1st by 8BitGee(m): 8:00am On Jul 02, 2016
cuteemperor:

Thanks Boss, Abeg, where be your area for UK, make I help u bring garri come whenever I dey enter.

Aberdeen

cuteemperor:


Talk am for my ear abeg, what's up bro

Sterling is 460 to a naira. Minimum wage is £7.15 per hour. And the jobs will be staring at you in the face, although ko easy man.
Re: Exchange Rate As Of Today, July 1st by Bamz(m): 8:09am On Jul 02, 2016
Barackmeringo:


And you're contesting for Mr Nairaland?

With this statement?

Well, go on and win

It's just a joking stuvv na
Re: Exchange Rate As Of Today, July 1st by Bamz(m): 8:11am On Jul 02, 2016
peterjero:
Tried doing online payment and was billed 330 per dollar, which means banks also charge at parallel market rate, in fact I give up on my dear country.

Even before the new policy, online card payments have been at t parallel rate.

1 Like

Re: Exchange Rate As Of Today, July 1st by Barackmeringo: 8:13am On Jul 02, 2016
Bamz:


It's just a joking stuvv na


Lol, he should have said it that he was joking up there
Re: Exchange Rate As Of Today, July 1st by agarawu23(m): 8:14am On Jul 02, 2016
Barackmeringo:



Saying he wants 1$ to be #600?
shocked shocked shocked shocked shocked shocked shocked
Brother??

Then he would make nairaland a paid site niyen
he might b living in diaspora. What makes mr A sad might/may make Mr B happy
Re: Exchange Rate As Of Today, July 1st by Barackmeringo: 8:16am On Jul 02, 2016
agarawu23:
he might b living in diaspora. What makes mr A sad might/may make Mr B happy


Ha Ha Ha Ha Ha, if he's living outside Nigeria, and he wants Nigeria's economy teared down. What is the probability he wouldn't tear down nairaland reputation as the holder of Mr Nairaland

#justwondering

1 Like

Re: Exchange Rate As Of Today, July 1st by Bamz(m): 8:17am On Jul 02, 2016
skyhighweb:
extra lol i had to pay 1.3m extra my finals was around d corner change in deed.

Every intending international student will have to pay the offset as a result of the new rates. Even if officially USD drops to 250, depending on the amount to be paid, it could be a huge sum. This is a very bad policy. I was wrong about this government but hope is all I've got right now.
Re: Exchange Rate As Of Today, July 1st by agarawu23(m): 8:22am On Jul 02, 2016
Barackmeringo:



Ha Ha Ha Ha Ha, if he's living outside Nigeria, and he wants Nigeria's economy teared down. What is the probability he wouldn't tear down nairaland reputation as the holder of Mr Nairaland

#justwondering
hmmmm. Still has nothing to do with mr Nl.
Re: Exchange Rate As Of Today, July 1st by Barackmeringo: 8:25am On Jul 02, 2016
agarawu23:
hmmmm. Still has nothing to do with mr Nl.


Okay sir!

I drop it smiley

1 Like

Re: Exchange Rate As Of Today, July 1st by Naijafirst: 8:41am On Jul 02, 2016
Every time I read what Nigerians say about the exchange rate, I realise how much trouble Nigeria is into and getting further into.
I see a clear case of failure abusing effort on the alater of blindness. There is a saying by the late Ultimate Dr Sir Warrior :
Onye Anyi ka nma ako la anyi onu.
That is, the person wey we better pass don yab us...tu fia qua!
Dem talk am say if you are used to being slapped, you find it difficult to understand how a knock on the head is a form of abuse.
On this earth. every person is defined firstly by the prosperity and level of organising in where they come from. So no matter how intelligent, beautiful/handsome elegant, presentable and mannered you are personally, if you are a Nigerian, you will always be treated as a Nigerian as perceived by others. Therefore, the biggest problem in Nigeria is that government has failed to make us all to see that in the end the perception about Nigeria is a fantastically important matter.
It is this failure that has led to the wanton pervasive greed which has enveloped Nigeria. That is the reason we no longer are able to recognise danger or something wrong. We have lost the ability to ask what is the right thing to do and have now mastered how to look at a poison and ask: How much dem fit pay person wey fit give am to people?

It breaks my heart to see how narrowed the minds of my people have become. The person who wants to get cheap dollars and pounds to school abroad whilst doing a good thing, fails to bother about two other things :
1 Where will the dollars or pounds come from
2 Which other aspect of life can they out with to stop wastage of dollars and pounds so that it can remain cheap.
In America Europe and other developed places, you can buy forex online or from shops without hassle. However, in those countries, almost everyone is at least a couch economist. Americans are known to buy expensive made in America in the face of cheaper imports. If the pound depreciates, brits will book mainly local holidays. The recent Brexit was anchored on taking back their country and damming the consequences.
Until we accept that we cannot continue to enjoy what we do not have and stop promising to donate what we do not have, our problems will not abate. False economy is false economy. ..shikina! Kaki no be leather!
The level of false economy in Nigeria is so unknown to most Nigerians that I can only pity them. When Japan was ruling with cheaper goods, Americans recognised the threat of Japan and went to invest in Japan. They made sure that Japanese goods sold in America also produced profit for America. Now that China is the kid on the block, Americans are there to make profit for America. Apple makes its phone in China and sells to the world. That way, it creates jobs for Americans in the high paying end of research, development and product support while using the cheaper labour of China to guarantee more profits for itself and more tax for America. Nigerians on the other hand go to China with nothing to offer and just to import finished goods without any feelings about how such only sucks dollars out of Nigeria.
We want cheap dollars but we don't care about where it will come from and how to make it cheap.
It is not about only Buhari, it is about us all. Buhari is messing around with toy efforts but Nigerians are making matters worse by distracting him. Buhari needs to actively help the manufacturing sector by doing something drastic. For example, Buhari should hire a plane and place it at the disposal of machinery importers. So, if you are bringing in or importing machines to set up a factory, government will fly it into Nigeria for you free. Then any product that is made to SON standard should have 500 percent duty on its competitors for 2 years to enable the product to gain market popularity. This two policies alone will see massive foreign investment.
But that is not what I see on forums. Instead of serious reasoning and solutions proffering, I see insults and ethnic egocentric display.
May God help us all to start seeing that no marginalisation can prevent hardwork from prospering. So, let us not be chained by Buhari’s small effort or focus on distracting him. Instead, let us keep proffering solutions and think about nigeria.
Thanks.

7 Likes 1 Share

Re: Exchange Rate As Of Today, July 1st by grandstar(m): 8:42am On Jul 02, 2016
41lady:

Bro... not only U give up, I told my parents I have dash them Nigeria. I after my study going to Cameroon. Better for me, at least they know they don't have oil.

They do have oiloil grin grin
Re: Exchange Rate As Of Today, July 1st by Naijafirst: 8:44am On Jul 02, 2016
Every time I read what Nigerians say about the exchange rate, I realise how much trouble Nigeria is into and getting further into.
I see a clear case of failure abusing effort on the alater of blindness. There is a saying by the late Ultimate Dr Sir Warrior :
Onye Anyi ka nma ako la anyi onu.
That is, the person wey we better pass don yab us...tu fia qua!
Dem talk am say if you are used to being slapped, you find it difficult to understand how a knock on the head is a form of abuse.
On this earth. every person is defined firstly by the prosperity and level of organising in where they come from. So no matter how intelligent, beautiful/handsome elegant, presentable and mannered you are personally, if you are a Nigerian, you will always be treated as a Nigerian as perceived by others. Therefore, the biggest problem in Nigeria is that government has failed to make us all to see that in the end the perception about Nigeria is a fantastically important matter.
It is this failure that has led to the wanton pervasive greed which has enveloped Nigeria. That is the reason we no longer are able to recognise danger or something wrong. We have lost the ability to ask what is the right thing to do and have now mastered how to look at a poison and ask: How much dem fit pay person wey fit give am to people?

It breaks my heart to see how narrowed the minds of my people have become. The person who wants to get cheap dollars and pounds to school abroad whilst doing a good thing, fails to bother about two other things :
1 Where will the dollars or pounds come from
2 Which other aspect of life can they out with to stop wastage of dollars and pounds so that it can remain cheap.
In America Europe and other developed places, you can buy forex online or from shops without hassle. However, in those countries, almost everyone is at least a couch economist. Americans are known to buy expensive made in America in the face of cheaper imports. If the pound depreciates, brits will book mainly local holidays. The recent Brexit was anchored on taking back their country and damming the consequences.
Until we accept that we cannot continue to enjoy what we do not have and stop promising to donate what we do not have, our problems will not abate. False economy is false economy. ..shikina! Kaki no be leather!
The level of false economy in Nigeria is so unknown to most Nigerians that I can only pity them. When Japan was ruling with cheaper goods, Americans recognised the threat of Japan and went to invest in Japan. They made sure that Japanese goods sold in America also produced profit for America. Now that China is the kid on the block, Americans are there to make profit for America. Apple makes its phone in China and sells to the world. That way, it creates jobs for Americans in the high paying end of research, development and product support while using the cheaper labour of China to guarantee more profits for itself and more tax for America. Nigerians on the other hand go to China with nothing to offer and just to import finished goods without any feelings about how such only sucks dollars out of Nigeria.
We want cheap dollars but we don't care about where it will come from and how to make it cheap.
It is not about only Buhari, it is about us all. Buhari is messing around with toy efforts but Nigerians are making matters worse by distracting him. Buhari needs to actively help the manufacturing sector by doing something drastic. For example, Buhari should hire a plane and place it at the disposal of machinery importers. So, if you are bringing in or importing machines to set up a factory, government will fly it into Nigeria for you free. Then any product that is made to SON standard should have 500 percent duty on its competitors for 2 years to enable the product to gain market popularity. This two policies alone will see massive foreign investment.
But that is not what I see on forums. Instead of serious reasoning and solutions proffering, I see insults and ethnic egocentric display.
May God help us all to start seeing that no marginalisation can prevent hardwork from prospering. So, let us not be chained by Buhari’s small effort or focus on distracting him. Instead, let us keep proffering solutions and think about nigeria.
Thanks.

2 Likes 1 Share

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