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Nairaland Forum / Nairaland / General / Business / Naira Improves On Parallel Market, Sells At N501/$ (15682 Views)
Naira Gains On Parallel Market For Four Consecutive Days, Now N480/$ / Naira Improves To N485 Against US Dollar / Naira Maintains Gain On Parallel Market (2) (3) (4)
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Re: Naira Improves On Parallel Market, Sells At N501/$ by hucienda: 7:23am On Feb 23, 2017 |
Good news. Hope it continues to improve. |
Re: Naira Improves On Parallel Market, Sells At N501/$ by Barmmyshoes(f): 7:23am On Feb 23, 2017 |
Hmmmm |
Re: Naira Improves On Parallel Market, Sells At N501/$ by yanabasee(m): 7:23am On Feb 23, 2017 |
Mynd44: Quite thoughtful..... Am sure you will now believe that this administration deliberately made things worst for ordinary citizens by increasing hardship first from ur analysis!!!! 1 Like |
Re: Naira Improves On Parallel Market, Sells At N501/$ by ugochukwufrenzy: 7:23am On Feb 23, 2017 |
PassingShot:şee dıs one.. |
Re: Naira Improves On Parallel Market, Sells At N501/$ by genearts(m): 7:24am On Feb 23, 2017 |
RillJ: Lol... At least you have not perished, so u can enjoy the good times 3 Likes |
Re: Naira Improves On Parallel Market, Sells At N501/$ by nues012(m): 7:25am On Feb 23, 2017 |
This may not be our expectations, but its at least a progress. 1 Like |
Re: Naira Improves On Parallel Market, Sells At N501/$ by Nobody: 7:26am On Feb 23, 2017 |
Mynd44:Can you shed more light on this? Why would they want to build the reserve to $30million? |
Re: Naira Improves On Parallel Market, Sells At N501/$ by genearts(m): 7:26am On Feb 23, 2017 |
Mynd44: Exactly!!! If we had continued with the way we were dishing out forex pre-2015, we would have drained out foreign reserves in less than 7 months. 2 Likes |
Re: Naira Improves On Parallel Market, Sells At N501/$ by plaetton: 7:27am On Feb 23, 2017 |
adioolayi:. What improvements ? ![]() The 2 day appreciation had nothing to do with any new policy, because as far as I concerned, there no clear policy. The Naira simply bucked the trend on its weeklong loosing streak. And this happened because of new dollars, about $280m, injected into banks, BDCs or whatever else they call them. In a few days time, that amount would be quickly mopped up by the demand, and the slide would eventually continue. The Naira is still far from finding its level against the dollar, especially when the seat of government has now been relocated to London. 2 Likes |
Re: Naira Improves On Parallel Market, Sells At N501/$ by Nobody: 7:27am On Feb 23, 2017 |
xreal:Its an improvement jare. |
Re: Naira Improves On Parallel Market, Sells At N501/$ by Nobody: 7:28am On Feb 23, 2017 |
PassingShot:Help me tell him o. People sef. |
Re: Naira Improves On Parallel Market, Sells At N501/$ by Ucheosefoh(m): 7:30am On Feb 23, 2017 |
So what about the naira master card are we going to start using it to so online transactions in dollar. 1 Like |
Re: Naira Improves On Parallel Market, Sells At N501/$ by ariesbull: 7:31am On Feb 23, 2017 |
501 to 1 and you call it improves Shame |
Re: Naira Improves On Parallel Market, Sells At N501/$ by seguno2: 7:31am On Feb 23, 2017 |
Things are getting better since Buhari went to London for treatment. Should he just stay there or do you think he should come back to put us in badluck again? As for me and my household, we want things to get better, so therefore Buhari can remain in London. 3 Likes |
Re: Naira Improves On Parallel Market, Sells At N501/$ by Limitless72(m): 7:32am On Feb 23, 2017 |
unclezuma: As in ehn...let watch for a while and see if naira will strengthen against dollar or weakens....nah time we go give them....#SMH |
Re: Naira Improves On Parallel Market, Sells At N501/$ by slap1(m): 7:34am On Feb 23, 2017 |
genearts: Story. Let it stay like this for even a week, then we know you have a point. |
Re: Naira Improves On Parallel Market, Sells At N501/$ by datopaper(m): 7:34am On Feb 23, 2017 |
Yes, we can |
Re: Naira Improves On Parallel Market, Sells At N501/$ by genearts(m): 7:37am On Feb 23, 2017 |
slap1: We are watching... 1 Like |
Re: Naira Improves On Parallel Market, Sells At N501/$ by misteryman: 7:41am On Feb 23, 2017 |
BUHARI must hear this |
Re: Naira Improves On Parallel Market, Sells At N501/$ by frisky2good(m): 7:42am On Feb 23, 2017 |
As TB Joshua don predict 650 to 1$ , just know say Naira go improve cos na opposite vision he dey see. ![]() 4 Likes |
Re: Naira Improves On Parallel Market, Sells At N501/$ by Buharimustgo: 7:43am On Feb 23, 2017 |
genearts: U r just a zombie |
Re: Naira Improves On Parallel Market, Sells At N501/$ by ERockson: 7:44am On Feb 23, 2017 |
wamiikechukwu: You are d saboteur or you are too pessimistic 1 Like |
Re: Naira Improves On Parallel Market, Sells At N501/$ by AdonaiRoofing(m): 7:44am On Feb 23, 2017 |
Hope this would continue for sometime Contact us for all your roofing jobs and roof maintenance etc |
Re: Naira Improves On Parallel Market, Sells At N501/$ by MayowaAleem(m): 7:44am On Feb 23, 2017 |
[color=#990000][/color][i][/i] ![]() |
Re: Naira Improves On Parallel Market, Sells At N501/$ by Agimor(m): 7:47am On Feb 23, 2017 |
You called #501 to a $ as improvement. Until it starts going for 150 to a $ that's when I will confirm the improvement until then it's still a fluke. |
Re: Naira Improves On Parallel Market, Sells At N501/$ by genearts(m): 7:47am On Feb 23, 2017 |
Buharimustgo: Ok 1 Like |
Re: Naira Improves On Parallel Market, Sells At N501/$ by Realdeals(m): 7:49am On Feb 23, 2017 |
There is no magic, more Forex inflow will ease pressure. Some people are just noisemakers. 1 Like |
Re: Naira Improves On Parallel Market, Sells At N501/$ by donnelly(m): 7:50am On Feb 23, 2017 |
This is not yet improvement , until dollar goes down between150 to 200 |
Re: Naira Improves On Parallel Market, Sells At N501/$ by paradigmshift(m): 7:51am On Feb 23, 2017 |
genearts:wake up from sleep |
Re: Naira Improves On Parallel Market, Sells At N501/$ by Realdeals(m): 7:52am On Feb 23, 2017 |
Agimor: Stop dreaming, naira will not even return to N200 |
Re: Naira Improves On Parallel Market, Sells At N501/$ by martineverest(m): 7:53am On Feb 23, 2017 |
Mynd44:that is a great thinking......if they were able to add 5BN dollars to reserve in 6weeks,definitely in next 6weeks they will have another 5BN billion dollars amidst rising oil prices.thus,enoff money for xchange.this will signal end of recession 2 Likes |
Re: Naira Improves On Parallel Market, Sells At N501/$ by Nobody: 7:53am On Feb 23, 2017 |
Let us hope the downward trend is sustained. It's sad that some folks here are celebrating the crash of Naira because Buhari is of a different tribe. We would ALL be affected if Naira is weak. Including the shortsighted folks who think they are immune because they are working abroad. Let's all hope the best for our country. 2 Likes 1 Share |
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