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Nairaland Forum / Nairaland / General / Business / Naira Sinks To 530 Against Dollar, Pound Hits N720 (30898 Views)
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Naira Sinks To 530 Against Dollar, Pound Hits N720 by ogododo: 9:05am On Sep 03, 2021 |
The naira plunged to a fresh record low against the dollar, the British pound sterling and euro on Thursday amid the lingering scarcity of foreign exchange in Nigeria. https://punchng.com/naira-sinks-to-530-against-dollar-pound-hits-n720/ 3 Likes 1 Share
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Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by Nobody: 9:06am On Sep 03, 2021 |
It will still hit 600 before the end of this yr, next time when Nigeria hear change they'll think twice 363 Likes 23 Shares |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by clarocuzioo(m): 9:10am On Sep 03, 2021 |
Another achievement from the Failure -in - Chief. What Buhari cannot destroy does not exist. 323 Likes 15 Shares |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by ogododo: 9:48am On Sep 03, 2021 |
$1 to #530, £730,buhu Don try oo. 55 Likes |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by kingsways: 9:49am On Sep 03, 2021 |
Such mismanagement of the national currency is an impeachable offence 238 Likes 8 Shares |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by hisexcellency34: 9:50am On Sep 03, 2021 |
And Buhari is still retaining that dullard called Emefiele 36 Likes 4 Shares |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by BigRocky: 9:54am On Sep 03, 2021 |
Things keep getting worst.. Buhari is the worst thing before abacha that has happen to Nigerians. 81 Likes 6 Shares |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by bigeliot(m): 9:55am On Sep 03, 2021 |
Ladies and gentlemen, I present to u BUHARI ECONOMY STYLE...CLAP 47 Likes 1 Share |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by ogododo: 10:02am On Sep 03, 2021 |
Lalasticlala. De lie wey dem sold to people be sey Osinbajo go take charge of economy. Wetin come happen sarchet of milk wey be N20 now is N150. 74 Likes 2 Shares |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by zuchyblink(m): 10:07am On Sep 03, 2021 |
Nigerian Talibans (APC) 55 Likes 1 Share |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by Queenslander(f): 10:09am On Sep 03, 2021 |
It will definitely get to a N1,000 before the walking dead leaves office!! 149 Likes 5 Shares |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by Nobody: 10:12am On Sep 03, 2021 |
I know some people are happy that the dollar keeps appreciating against the naira. If the dollar keep appreciating that means the cost of goods and services will increase, which will make life more difficult for you. If you like keep buying dollar and saving it in dollars or usdt, as long as exchange rates are not stable, you are losing and also losing even when you convert your saved dollar back to naira, inflation will devalued it. 65 Likes 6 Shares |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by joyandfaith: 10:19am On Sep 03, 2021 |
thebosstrevor1: Lagos-ibadan rail. Borrowing is not good for any economy. 34 Likes |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by Arda1000(m): 10:22am On Sep 03, 2021 |
thebosstrevor1:oni kure shut ur zombie trap up,we are happy that our darling daddy uncle Bubu is working we are happy and will continue to be faithful zombies( shout out to our chief epic zombie mana griller) ur good work in moving Nigeria to next level is highly acknowledged ![]() 132 Likes 8 Shares
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Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by Nobody: 10:27am On Sep 03, 2021 |
Arda1000: People like you that depend on the government for survival always have one problem and that is frustration. 8 Likes 2 Shares |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by SarkinYarki: 10:31am On Sep 03, 2021 |
hisexcellency34:Buhari is actually the dullard 117 Likes 4 Shares |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by PROUDIGBO(m): 10:31am On Sep 03, 2021 |
More money for my li'l bruh! ![]() 2 Likes 2 Shares |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by gidob(m): 10:36am On Sep 03, 2021 |
thebosstrevor1: Instead of you to address the cause of the issue (Buhari's incompetency) you are attacking people who are suffering from his incompetence. Blind loyalty.... 136 Likes 8 Shares |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by PROUDIGBO(m): 10:36am On Sep 03, 2021 |
hisexcellency34: Hehehehehe ![]() ![]() ![]() And what do you expect poor Emefiele to do....magic!? What's happening is like a comedy in which Emefiele is using a plastic bowl to frantically scoop out water from a leaking rowing-boat that's slowly sinking and taking in water faster than he can bail it out! ![]() 37 Likes |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by SarkinYarki: 10:37am On Sep 03, 2021 |
thebosstrevor1: Sharap jare ..instead of you to blast your useless Buhari you want to blame innocent Nigerians ..how many Nigerians can even afford to save in Dollars ?no be who chop bellefull dey save for dollars ...... I warned about the effects of the clumsy handling of the the BDC ban and the side effects that would arise but yet people like your argued ...the current slide of the Naira is 100 percent Emeiefele fault , his poorly thought out and executed action against BDCs caused this .. Emeiefele needs to learn more a out execution strategy and stop alll this hasty announcements that do nothing than drive panic 73 Likes 4 Shares |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by Nobody: 10:37am On Sep 03, 2021 |
joyandfaith: Every country borrow, the main issue is what are you borrowing for? For infrastructures or to pay salaries The disadvantage is that it is the citizens that will have to pay for the debts through increase in tax for the duration of the debt payment 8 Likes 1 Share |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by SarkinYarki: 10:39am On Sep 03, 2021 |
thebosstrevor1: Buhari is is even worse .he is borrowing to fund a mindless meaningless Jihad 56 Likes |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by Nobody: 10:40am On Sep 03, 2021 |
SarkinYarki: And where did I blame Nigerians Is the fall in the price of oil also emeiefele fault? Abeg no carry your frustration near me. If you don't have any solution, shut up 1 Like |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by Nobody: 10:43am On Sep 03, 2021 |
gidob: So it buhari controlling oil prices. Every time oil price falls, it always affect Nigeria, even if Jesus was president, we will still be in the same crisis 2 Likes 3 Shares |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by SarkinYarki: 10:44am On Sep 03, 2021 |
thebosstrevor1: Funny enough I am not frustrated , the poverty Buhari has created is even making me richer by the day ....Boss Trevor I have never hidden my solution ...The solution is simple .. BUHARI HAS TO STEP DOWN 31 Likes |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by vedaxcool(m): 10:45am On Sep 03, 2021 |
thebosstrevor1: You are wasting your time with those shallow brain goons. 2 Likes |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by ogododo: 10:51am On Sep 03, 2021 |
thebosstrevor1: Oga Ade, I beg park well. Na wrong policies caused dis. Same thing dem do for 1984 when dem change currencies. People get farm dem no born dem well to visit, unless dem go toll death bell for dere domot. Transportation no be am again, I remember dose days wey Edegbe, Peace line, Agofure be like #1500 from Area, WARRI! Gofament lock Idiroko border throway keys, but open Niamey - Daura with free access, wey de even build railway. 36 Likes |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by proeast(m): 10:51am On Sep 03, 2021 |
And freelancers continue smiling to the banks.... Our darling daddy is doing a great job. It will eventually get to 1000/$ before he leaves~~ according to vulture meat seller and his fellow zombies. 24 Likes |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by johnmartus(m): 10:51am On Sep 03, 2021 |
Banana is getting spoil we thought is ripe. Buhari will destroy this he knows the necessary things to do. 1 Like |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by ogododo: 10:52am On Sep 03, 2021 |
vedaxcool: You no cancel today, abi dem thief your erazer? 27 Likes |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by poiZon: 10:54am On Sep 03, 2021 |
thebosstrevor1:Oil price fall yet the dullard is still spending billions in dollars to search for oil... Buhari mumu supercedes human compremendo.. Its pathetic... Lemme tell u what buhari is doing, buhari is using monies that we r earning to look for oil while he goes out borrowing to build railtrack to niger so he can link up with his first cousins. Buharinomics 38 Likes 1 Share |
Re: Naira Sinks To 530 Against Dollar, Pound Hits N720 by Conrod: 10:57am On Sep 03, 2021 |
thebosstrevor1:Wont you creat a thread on "buharinomics" and why it must be avoided. 9 Likes 2 Shares |
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