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Naira Surges As CBN Intervenes In Interbank Market - Business (4) - Nairaland

Nairaland Forum / Nairaland / General / Business / Naira Surges As CBN Intervenes In Interbank Market (24221 Views)

Speculators Lose N100m As CBN Pumps Dollars Into Interbank / Naira Finally Improves At The Interbank Rate / Naira Quoted At 253/$ As Interbank Market Opens (2) (3) (4)

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Re: Naira Surges As CBN Intervenes In Interbank Market by nextstep(m): 4:42pm On Aug 12, 2016
Truth234:

On Tuesday the bank pegged the dollar transactions which banks can carry out with BDCs at $30,000 per week and set a margin for the banks to sell dollar to currency outlets at not more than 1.5 per cent over the rate at which they bought.

Seriously, what is $30k per week for BDC? This is rubbishly small for our economy. Does Baba think Nigeria is still in the 60s?
Re: Naira Surges As CBN Intervenes In Interbank Market by endove(f): 5:56pm On Aug 12, 2016
GreenWhiteGreen:
I blame the cluesless one - Buhari sad
From clueless Goodluck to clueless buhari...
Pls is this clueless a communicable disease?
Re: Naira Surges As CBN Intervenes In Interbank Market by Nobody: 3:20am On Aug 13, 2016
It seems like that. grin
endove:
From clueless Goodluck to clueless buhari...
Pls is this clueless a communicable disease?

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