₦airaland Forum

Before he travelled N390/395.
Now: N375/N380

Good observation

The only reasonable explanation I have for this is about investors confidence. I do not think investors ( foreign and local ) have confident in President Buhari anymore, hence the fall of dollar against naira anytime he travels.

This occurrence was actually the opposite at first. During the first three month of Buhari administration there was high investors confidence hence the favourable increase in NSE.

The body language and economic policy of President Buhari has really change the outlook on how investors view the economy

Interesting things happen when Osinbajo take over. Look at the executive orders the active President signed for example. Everyone notes government works alot faster.

Naira went up because over 400 million dollars was injected into the market, not because of any investor's confidence. The lower the demand, the lower the price. That is what happened to dollar.

deedeedee1:
Naira went up because over 400 million dollars was injected into the market, not because of any investor's confidence. The lower the demand, the lower the price. That is what happened to dollar.

After the initial injection of dollar into the economy, there was a fall in dollar at first then a increase subsequently.

As at now, there has been another increase in naira without any injection of dollar into economy. What could have been the cause of this? Another invisible injection of dollar into the economy.

If the first increaee in naira is associated with the pumping of dollar into the economy as you claim, what will be the associated cause of the current increase in naira.

Stop playing politics, investors confidence in naira recently has had positive impact on our legal tender.

With body language comes great body odour... No blame dollar

Honestly I noticed this but just kept mute.




Honestly I noticed this but just kept mute.




Honestly I noticed this but just kept mute.

bennyann:
Good observation

.
I think I have to start blaming Buhari...

have u blamed buhari today?

Hmmm

praise1705:
have u blamed buhari today?

What goes around comes around. If you point a finger at your neighbour, 3 fingers will be pointing back simultaneously at you. We are watching how the blame game APC introduced into Nigerian politics will play out.

walexy100:
Before he travelled N390/395.
Now: N375/N380

That is because buhari is badluck!! Buhari started with lies and killings and now karma has visited him and anything that concerns him.

very true

The guy is just bad news.....

Nothing good works for a cursed failure....

Becos his policies are depreciating

Lol

The kind of spirit following him

wicked children

What a foolish question ❓ Didn't naira appreciate when buhari was around?

meaning that Buhari and Naira are mutually exclusive.

this is not just mere coincidence am sure something mysterious something beyond our physical sight gets to do with it... am sorry to say Buhari obviously is a bad luck to Nigeria. imagine, we voted out goodluck and voted in badluck what a rhythm

Because he's an economic illiterate

Why did you choose to forget the appreciation when he was around, when he came back after the last travel?

I think it's because he has nothing to offer

THEM JUST DEY PERAMBULATE ORO

RichYoungNigga:

Because the guy is bad news

Anytime he wants to travel out of the country,
his bad lucks packs their bags and travel with him

.

The general state of our economy is still messed up.

All these 5 naira gains on the dollar to me isnt worthy of note.

When it comes below 300 and goes closer to 2015 exchange rates, then I can applaud.

For heaven's sake, things are supposed to get better, not worsen. At least, that ought to be the norm.

. Because his second name is bad luck and APC is cursed.

Is spiritual... VP is a blessed man and God's hand is upon him, but I can't say same about Bubu shall. Remember when Bible talked about rejoicing when righteous rules.