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Nairaland Forum / Nairaland / General / Business / CBN announces unification of FX windows, stops Naira4Dollar scheme (79355 Views)
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Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by malkomchris: 9:49pm On Jun 14, 2023 |
All these policies on top 30k minimum wage. We are watching 5 Likes 1 Share |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by omenka(m): 9:49pm On Jun 14, 2023 |
Let me pretend I understand what they said. 7 Likes |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by Ofunaofu: 9:49pm On Jun 14, 2023 |
accordadoga27: We also thank those who didn't vote BAT That is what democracy entails 19 Likes 2 Shares |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by bluefilm: 9:50pm On Jun 14, 2023 |
If I say that I understood anything from this jargon, then I am the biggest liar in the world worthy of a place in the Guinness World Record. 12 Likes |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by omenka(m): 9:50pm On Jun 14, 2023 |
slimthugchimee2:I dey behind you abeg. 1 Like |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by Cmanforall: 9:51pm On Jun 14, 2023 |
Metrofox: They had 8 years of dollar freedom 16 Likes 2 Shares |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by tonytony208(m): 9:51pm On Jun 14, 2023 |
References1: So, has this reduced naira dollar exchange rate? Ọ̀dẹ̀. 2 Likes 1 Share |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by Crucialgem(m): 9:51pm On Jun 14, 2023 |
I swear majority of us don't understand this thing but I sha use scope carry am say e go be good thing 3 Likes 1 Share |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by Cutehector(m): 9:51pm On Jun 14, 2023 |
Na for this thread many nigerians no sabi 1 Like |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by Slymonster(m): 9:52pm On Jun 14, 2023 |
I don't care about all this till I can use my card to pay and buy what ever I want international the way it was before. Whether Google play or apple or any international online platform. 12 Likes 1 Share |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by BarrElChapo(m): 9:52pm On Jun 14, 2023 |
How would emiefele feel with all these changes happening 🤔 14 Likes |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by ofuonyebi: 9:52pm On Jun 14, 2023 |
until you jokers at CBN stop tying the Naira to the apron of the US dollar... i think all you are doing to Nigeria nation is a disservice... you people in that house deliberately killed our Naira for your own ritual interests A sheriff has come to search all you dirty saboteurs out for days of glory to return to Nigeria 21 Likes 2 Shares |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by tonytony208(m): 9:52pm On Jun 14, 2023 |
Nexterbread: How is it a welcome development? 2 Likes |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by HappyPagan: 9:52pm On Jun 14, 2023 |
Slymonster:That's what we are waiting for. They should let our cards breathe again. 13 Likes |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by Westerhoffe(m): 9:53pm On Jun 14, 2023 |
Dialpad: Crypto next. 1 Like |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by TheFreshVanilla: 9:53pm On Jun 14, 2023 |
Seems the #5 for every $ will be affected. 1 Like |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by famology(m): 9:53pm On Jun 14, 2023 |
Omo at this rate, tinubu's security should be tightened oOoOO. 37 Likes 2 Shares |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by Godoverevery: 9:53pm On Jun 14, 2023 |
franchasofficia: And you think all what you listed they don't know and won't have factor it in before making this decision?? Let just wait and see for few weeks how it goes before panicking abeg 6 Likes |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by Vision101(m): 9:53pm On Jun 14, 2023 |
@samwillyco1 Too much financial grammar. @me Hahaha..... everybody's mouth don close. I enjoyed what I read but I will not explain. Let kids on this forum go and sleep for once. 5 Likes 1 Share |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by saysoo: 9:53pm On Jun 14, 2023 |
Just tell me how an average market man/woman will understand this jagon? 1 Like |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by malkomchris: 9:54pm On Jun 14, 2023 |
It will push it higher, Naira will now be on free fall, technical devaluation tonytony208: 3 Likes |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by broadman20: 9:54pm On Jun 14, 2023 |
lorbah001: Hmmmmm! It's just two weeks o! Na 90 minutes football game dey last o! 5 Likes 1 Share |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by SunMusk(m): 9:54pm On Jun 14, 2023 |
It simply currency floating, supply and demand, market force. The central bank will not interfere and business will be done within 9am to 4pm. Though I prefer 8am to 5pm. Crucialgem: 2 Likes |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by Baatunde(m): 9:55pm On Jun 14, 2023 |
same here bro slimthugchimee2: |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by tonytony208(m): 9:55pm On Jun 14, 2023 |
Moniya4Real: Oga educated, explain. 3 Likes |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by tonytony208(m): 9:55pm On Jun 14, 2023 |
malkomchris: Wow. |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by campbelljosh(m): 9:55pm On Jun 14, 2023 |
Thank you very much. This is very insightful[quote author=money121 post=123801339][/quote] |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by Evii: 9:56pm On Jun 14, 2023 |
I don't understand jack of what I just read, can someone break it down for my comprehension pls. |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by DeZoro(m): 9:57pm On Jun 14, 2023 |
Who is the next to be fired 🔥 ---- The Custom General.. that man should be kick out immediately 10 Likes |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by Peejayz: 9:58pm On Jun 14, 2023 |
Ogene001:That's how to play politics.... Get the trophy first, by all means necessary.... 16 Likes |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by Blackhacker(m): 9:58pm On Jun 14, 2023 |
Here is the what the news is all about for those of you with small brain: CBN announces operational changes to the Nigerian FX Market: segmentation abolished, I&E window becomes the main segment. Willing Buyer, Willing Seller model reintroduced. Government-related transactions based on preceding day's I&E window rate. Prohibition of trading limits on oversold positions, permission to hedge short positions with OTC futures. Order-based two-way quotes reintroduced, cleared by a Central Counter Party. Order Book reintroduced for transparency. Trading hours from 9am to 4pm. RT200 Rebate Scheme and Naira4Dollar Remittance Scheme cease on June 30, 2023. Further guidance to be communicated. Participants urged to comply. |
Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by Arabaincubus: 9:59pm On Jun 14, 2023 |
President Buhari finished Nigeria. He empowered too many cronies and I hope they are somehow made to vomit their loot. 8 Likes |
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