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Nairaland Forum / Nairaland / General / Politics / Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market (11926 Views)
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Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by Racoon(m): 12:29am On Aug 24, 2023 |
The naira, on Wednesday, depreciated by 0.35 percent to close at N773.4/$ at the investors and exporters (I&E) window.https://www.thecable.ng/naira-weakens-to-n773-4-at-ie-window-n905-at-parallel-market/amp 3 Likes
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Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by Lastmankc(m): 12:33am On Aug 24, 2023 |
Oya,where are the Ebola miscreants,the Naira rate we favour me and my family. 86 Likes 7 Shares |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by Racoon(m): 12:34am On Aug 24, 2023 |
The naira depreciated by 0.35 percent to close at N773.4/$ at the investors and exporters (I&E) window......The traders put the buying price of the dollar at N885 and the selling price at N905Balabloo-blu-bulava economics of liars, scammers, fraudsters and propagandists @ work. 74 Likes 10 Shares
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Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by Taylor90: 12:34am On Aug 24, 2023 |
Shebi una say this man na first class accounting graduate from Chicago So why is he running this government like who studied zoology 146 Likes 24 Shares |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by Racoon(m): 12:36am On Aug 24, 2023 |
Lastmankc:Hehehe! Austerity measures have set in that those of them who can't afford the full cost of their one infamous cornful can now be accommodate to managed half agbado. It must favour them o. 29 Likes 2 Shares |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by MrsTwrite(f): 5:26am On Aug 24, 2023 |
Both the Naira and Nigeria no work! 13 Likes 3 Shares |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by MadamExcellency: 5:46am On Aug 24, 2023 |
I thought the liberalization of the Forex market eliminated the official and black market dichotomy. Why then was Naira devalued from the official N460? 73 Likes 6 Shares |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by ideynl1: 5:55am On Aug 24, 2023 |
Anyone Yoruba support politically is doomed, it will crash and fail. Just check how Buhari they supported plunged the country into disaster. They also supported Tinubu, who is currently plunging the country to disaster pro max. Yorubas don’t make good political choices in the centre. After voting disasters they end up becoming bambialla queuing up to be fed with Agbado, Cassava and Ewa. CORNfused set. Quite unfortunate. 96 Likes 18 Shares |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by Tochi3(m): 5:58am On Aug 24, 2023 |
A drug baron without a certificate in Accountancy. See what emilokan tribalism has done to Nigeria. The fake transformer of Lagos has gone back & swallowed his vomits.. The emilokans will be gnashing profusely 39 Likes 2 Shares |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by crossfm: 6:14am On Aug 24, 2023 |
Hehehe. This is really getting out of hand. After all the measures the CBN promised to put in place,and this is still happening. The trial and error is not working at all. 32 Likes 7 Shares |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by Godjone(m): 6:17am On Aug 24, 2023 |
Ebola tinubu must bury this country. Buhari killed Nigeria but Ebola came to organize her funeral. Emilokans miscreants how far 45 Likes 5 Shares |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by valentineuwakwe(m): 6:31am On Aug 24, 2023 |
This rocket man go reach 1000Naira soon! 12 Likes 2 Shares |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by ngeneukwuewuGOAT: 6:36am On Aug 24, 2023 |
The idiot presidiot is frittering our money and using it to smoke cocaine and heroin. Useless Escobar 38 Likes 5 Shares |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by DeLaRue: 6:39am On Aug 24, 2023 |
Government doesn't control black market price. It is up to the buyer and seller to deal at whatever price suits them. The government only has direct influence on the I & E window which is around N780. Big companies and many others who have legitimate reasons can buy dollars from banks. Many of those desperately buying at any price on the black market are using hundreds of billions stolen under Mr Buhari's government. They can't come out openly to buy through official channels. If they like, they should push the black market rate to N1500, it is up to them. The government can only focus on the I & E market. 5 Likes 2 Shares |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by Bridget95(f): 6:41am On Aug 24, 2023 |
2000 naira per dollar before 2024 13 Likes |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by igwebuike01: 7:22am On Aug 24, 2023 |
E-bola on the beat 14 Likes 1 Share |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by Guyman01: 7:26am On Aug 24, 2023 |
The report by JPMORGAN about our external reserves been very poor at $3B and not $38B as published by APC propaganda miscreants is the cause of this current slump despite Tinubu borrowing $3B to shore up the Naira 18 Likes 2 Shares |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by emmanuelbrown26: 7:49am On Aug 24, 2023 |
Lolssssss una never see anything. Tinubu did not promise u guys anything, he only said its his turn that's all. All man for himself, by d time drug lord finishes with Nigerians, their eyes go clear. D funny thing about this whole shit is that, most EMI lokans barely feed well dis day and d always support every nonsense 38 Likes 4 Shares |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by Prince111111: 8:28am On Aug 24, 2023 |
This man would remain the worst president to rule Nigeria. I pray he is really on borrowed time 🙏🙏🙏 21 Likes 2 Shares |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by sotall(m): 9:30am On Aug 24, 2023 |
![]() This weakening of the naira shall favour me and my family. 20 Likes 2 Shares |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by Alozist: 9:31am On Aug 24, 2023 |
So Bad 1 Like |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by iwaeda: 9:31am On Aug 24, 2023 |
Racoon:Tinubu does not know what economy diversification means. Our economy depends on dollar, we import raw materials and machineries. Nothing will change. Even ban BDC. ![]() ![]() ![]() ![]() ![]() 10 Likes |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by DropsMic(m): 9:31am On Aug 24, 2023 |
Balablu is working 6 Likes |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by OneMillionBTC: 9:32am On Aug 24, 2023 |
Provided we still have arbitrage between the two markets, Dollar Subsidy still exist. 2 Likes |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by tesppidd: 9:32am On Aug 24, 2023 |
![]() Renewed Shege.. He has hit the ground running.. When he was signing bills and arresting people in his first week, his minions nor let us hear word. 107 Likes 8 Shares |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by LZAA: 9:32am On Aug 24, 2023 |
ideynl1:😄😄😄😄 7 Likes 3 Shares |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by Blaze14k: 9:32am On Aug 24, 2023 |
Lol this clearly shows that ebola is deliberately messing up the economy. It also shows the naira was devalued. I'm sorry to say buh ebola clearly scammed those who voted him 16 Likes 3 Shares |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by Brushstrokes20: 9:32am On Aug 24, 2023 |
👀The shyyythole from fry pan to FIRE 😂🔥 6 Likes |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by proeast(m): 9:33am On Aug 24, 2023 |
Tinubu has Destroyed this country kpata kpata. Nothing remain again ![]() 6 Likes |
Re: Naira Weakens To N773.4/$ At I&E Window, N905/$ At Parallel Market by safarilove(m): 9:33am On Aug 24, 2023 |
Na God hand we dey..still hopeful He can turn things around for my dear country. 5 Likes |
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