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Goldman Sachs: Naira Devaluation Not Sufficient Condition For Rates Unification - Politics (2) - Nairaland

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Re: Goldman Sachs: Naira Devaluation Not Sufficient Condition For Rates Unification by a4cube: 2:50pm On Jun 16, 2023
tsdarkside:


who says you must use dollars to import stuffs....??
take the local currency of any nation that wants to do business with you....

why use dollars when you need something from south africa....??
take south african rands....

only do business with nations that accept nairas aswell....
You are just writing with negative emotion. When south Africa collect your naira and want to buy from India, they will pay with your naira right? Or they will dump the naira somewhere waiting for the next time they will buy from Nigeria. Off course Nigeria can happily accept rand bc Rand can be exchanged anywhere in the world. How want to exchange naira for apart from Aboki and Nigerian banks. Even Nigerian banks overseas don't accept the worthless naira.

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