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Nairaland Forum / Nairaland / General / Politics / $$ To Rise To 400naira As Oil Marketers Source Forex From Parallel Market. (821 Views)
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$$ To Rise To 400naira As Oil Marketers Source Forex From Parallel Market. by redcap: 7:04pm On May 11, 2016 |
With the latest development in respect to the new price regime of PMS, the minister of state for petroleum Mr. Ibe kachikwu has directed all and sundry who are interested in PMS import should henceforth source their forex from parallel market. This directive will further put a strain on the forex sold on parallel market as dollars will inevitably start selling above 400naira soon. Nigerians should brace up for the the worse because the effect of petrol price hike coupled with the a run away USD rate will spell doom for this country. This is my humble opinion though ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
Re: $$ To Rise To 400naira As Oil Marketers Source Forex From Parallel Market. by redcap: 7:49pm On May 11, 2016 |
Ignore this prediction at ur peril. We are currently facing a serious economic downturn. |
Re: $$ To Rise To 400naira As Oil Marketers Source Forex From Parallel Market. by otil1: 7:54pm On May 11, 2016 |
Op, Ur 100% correct! |
Re: $$ To Rise To 400naira As Oil Marketers Source Forex From Parallel Market. by figment232(m): 8:00pm On May 11, 2016 |
Wot happened to Chinese yuan talk.APC scam 1 Like |
Re: $$ To Rise To 400naira As Oil Marketers Source Forex From Parallel Market. by redcap: 6:59pm On May 12, 2016 |
I predicted a sharp rise on exchange rate yesterday. As at yesterday $ was 322naira this afternoon it's already selling for as high as 335naira to a dollar. |
Re: $$ To Rise To 400naira As Oil Marketers Source Forex From Parallel Market. by stevecantrell: 7:37pm On May 12, 2016 |
opening a thread like this just put another N5 on the dollar. |
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