The Naira yesterday appreciated to N1,730 per dollar in the parallel market from N1,740 per dollar last weekend However, the Naira depreciated to N1,681.42 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.

Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,681.42 per dollar from N1,678.87 per dollar last Friday indicating N2.55 depreciation for the naira.

Consequently, the margin between the parallel market and NAFEM rate narrowed to N48.58 per dollar from N61.13 per dollar last week Friday .

However, analysts at Afrinvest West Africa Limited, projected a mixed performance for the foreign exchange rate this week.

“The domestic currency had mixed trading performance last week. This week, we expect the Naira to trade within a similar band, though recent rate cuts in major economies have strengthened the case for carry trade opportunities in Emerging markets and Developing Economies, EMDEs, especially those with relatively stable exchange rates. “

Source: https://www.vanguardngr.com/2024/11/naira-appreciates-to-n1730-in-parallel-market-2/

This 1,730naira To One Dollar, Is Affecting ooo

UDOKABESTLUV:


Source: https://www.vanguardngr.com/2024/11/naira-appreciates-to-n1730-in-parallel-market-2/

Appreciate - this word is grossly abused in this context.

I wish it were 1,730/$9, it would have made sense 🤔

And please till it comes to that neighborhood, let's stop using the word appreciate ,it doesn't make sense!

N10

Nawaoo, we don suffer for T-Pain hands

😂😂😂
This kin appreciation self

Make I sha bill one of my client 50$ for the weekend

This is nonsense appreciation

I saw something like per 9$ before lol

I will only be happy when it appreciate to 180 to $1

This appreciation is too small for my Naira.. Can i get a bigger appreciation for my Naira.

T-Pain tinubulation voodoo economics.

aponja pro max


sophisticated mgbatti mgbatti

Naira has been appreciating for months now, yet it's at N1,730.. By December we'll be hearing naira appreciates to N2,150

2k loading

The way our naira the swing like pendulum up and down is just terrible.

Please stand up and clap for Tinubu.

He successfully made Naira depreciate from N500/$ to N1730/$ in less than one year.

#2,000 loading by December/January.






Shege Pro max

You can only fuul Tulumbu demented gullible imbecilic senseless headless followers with such semantics.

The man is a catastrophic disaster.

Toh

celebrating Naira that add #10 and we're celebrating Naira at 1700+

When balablooo met naira at 750

Well, that’s some good news.

But Tinubu is still way off the 300 naira to the USD he promised within 2 years of his regime.

10Naira?
E no go better for APC and their supporters.

E be like say una no get job

Naira appreciate wit just 50kobo

but wen Naira depreciate it will rise by N200

Naija na cruise

youngrichnigga:
N10

just manage am buy pure water

na only yahoo boiz dis regime dey favor!

Tinubu supporting yahoo and internet scammers while the economy crumbles .. and him and his Yoruba people are online celebrating.
Genuine business men and companies are winding up..

Anyhow the Yoruba government wan do am.. Arewa said na dem dey suffer pass.


Even if they wan make them fill everywhere with propaganda..

Reality… na Yoruba dey bear am..


Mods I see una insincerity and official support for PBat and Yoruba tribalism


Una ban Odin till 2025.. for Low IQ..

But the moniker .. tellmeastory is already flexing online ..

So what’s the difference

He complained and I’ve to state it.. nobody really cares .. we all understand

Tinubu Is a huge failure .. reason una dey apply make up on am

Tueh