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Nairaland Forum / Nairaland / General / Business / Online Shops Not Effecting The Rising Value Of The Naira In Their Prices (713 Views)
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Online Shops Not Effecting The Rising Value Of The Naira In Their Prices by greatwaters: 10:11pm On Aug 03, 2015 |
I dont really understand this. When the naira was losing value, online shops increased the price of their items accordingly. What was sold at 23000 a month ago now sells for almost 26000. The problem is that the naira is now gaining value against the dollar but the prices of items at these online shops remain the same. What could be wrong? Konga and Jumia are the main offenders. |
Re: Online Shops Not Effecting The Rising Value Of The Naira In Their Prices by 400billionman: 10:22pm On Aug 03, 2015 |
The price at which they purchased Naira was high at that time the goods were sourced abroad. |
Re: Online Shops Not Effecting The Rising Value Of The Naira In Their Prices by greatwaters: 11:18pm On Aug 03, 2015 |
400billionman:So we must wait for them to exhaust their items in stock? so they'll still reduce it eventually? I'm waiting for them o |
Re: Online Shops Not Effecting The Rising Value Of The Naira In Their Prices by mavinc4u(f): 11:24pm On Aug 03, 2015 |
Hmmm. This should be a rhetoric question. Just give them time and you would see the real increase; gain ko loss ni. |
Re: Online Shops Not Effecting The Rising Value Of The Naira In Their Prices by greatwaters: 12:09am On Aug 04, 2015 |
mavinc4u:Lol. When the naira was falling, they didnt wait for their stock 2 run out before increasing price, but now that its rising, are they now expecting us to wait? |
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