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Dollar: Besides Hoarding Dollar, How Do You Hedge Against Naira Devaluation? - Investment - Nairaland

Nairaland Forum / Nairaland / General / Investment / Dollar: Besides Hoarding Dollar, How Do You Hedge Against Naira Devaluation? (288 Views)

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Dollar: Besides Hoarding Dollar, How Do You Hedge Against Naira Devaluation? by Sukersoc: 10:03am On Aug 10, 2022
Besides hoarding Dollar, how else do you hedge against Naira devaluation?
Re: Dollar: Besides Hoarding Dollar, How Do You Hedge Against Naira Devaluation? by Snitch24(m): 10:07am On Aug 10, 2022
I buy treasury Bill
It's better than just keeping the money in your account
Re: Dollar: Besides Hoarding Dollar, How Do You Hedge Against Naira Devaluation? by Sukersoc: 12:51pm On Aug 10, 2022
Snitch24:
I buy treasury Bill
It's better than just keeping the money in your account

But treasury bills returns less than 10% per annum, when the naira could loose 10% in a week as we witnessed recently. This is beside inflation o.
Re: Dollar: Besides Hoarding Dollar, How Do You Hedge Against Naira Devaluation? by ayoncox: 5:05pm On Aug 10, 2022
Sukersoc:
Besides hoarding Dollar, how else do you hedge against Naira devaluation?
Chat me up on 08089456258 let me show you how to earn 10 to 25% along side your original cash via arbitrage
Re: Dollar: Besides Hoarding Dollar, How Do You Hedge Against Naira Devaluation? by Snitch24(m): 6:42pm On Aug 10, 2022
Sukersoc:


But treasury bills returns less than 10% per annum, when the naira could loose 10% in a week as we witnessed recently. This is beside inflation o.
I do 3.5% for 96days with my savings

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