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$ To 450?? - Business - Nairaland

Nairaland ForumNairaland GeneralBusiness$ To 450?? (627 Views)

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$ To 450?? by bodescous(op): 1:49pm On Feb 24, 2017
I don't know maybe anyone in this forum get to know the parallel market price for a dollar today! My Aboki called me this afternoon that I should come and buy a dollar @N450......Whereas this Monday ,he still said N520 to 1$..
I think the Federal Government policy to inject certain amount of dollars to d Economy for people that want to pay school fees abroad and PTA is really working..Pls any person with other realible information should let the house know.
Re: $ To 450?? by Raiders: 2:21pm On Feb 24, 2017
bodescous:
I don't know maybe anyone in this forum get to know the parallel market price for a dollar today! My Aboki called me this afternoon that I should come and buy a dollar @N450......Whereas this Monday ,he still said N520 to 1$..
I think the Federal Government policy to inject certain amount of dollars to d Economy for people that want to pay school fees abroad and PTA is really working..Pls any person with other realible information should let the house know.
Alot of $ sellers are panicking because of the new CBN. Most sellers have been hoarding the $ so as to create artificial scarcity. Don't rush into buying dollars wait till the end of month because the dollar might fall to less than 400 in the coming weeks
Re: $ To 450?? by bodescous(op): 2:38pm On Feb 24, 2017
Raiders:
Alot of $ sellers are panicking because of the new CBN. Most sellers have been hoarding the $ so as to create artificial scarcity. Don't rush into buying dollars wait till the end of month because the dollar might fall to less than 400 in the coming weeks
. Yes ,thanks bro...I'm also thinking and hoping so...I won't rush but if I notice a slight drop below N400,I might give a shot to buy little amount .....I hope it gets sustained and our Naira gets back to its manageable point....Not this unrealistic stage it is now.
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