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Nairaland Forum / Nairaland / General / Business / Naira Is "World's Best Performing Currency" In April - Bloomberg (38198 Views)
Nigeria's Naira Reverses Back As World's Worst Performing Currency — Bloomberg / Russia's Ruble Is the World's Best Performing Currency / Why The Naira Is Now Gaining Against The Dollar (2) (3) (4)
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Naira Is "World's Best Performing Currency" In April - Bloomberg by blamingthedevil: 12:13pm On Apr 12 |
*Goldman Sees Nigerian Naira Extending World-Beating Rally https://www.bloomberg.com/news/articles/2024-04-12/usd-ngn-nigerian-naira-could-extend-rally-to-below-1000-dollar-goldman-sachs?cmpid=socialflow-twitter-business&utm_medium=social&utm_content=business&utm_campaign=socialflow-organic&utm_source=twitter 164 Likes 14 Shares
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Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by richie240: 12:18pm On Apr 12 |
Good news! God bless Nigeria and Nigerians! Bluntguy:You better change the dollazz u are hugging like teddy bear to naira now to avoid stories that touch. Nor say I nor warn you o. ![]() 231 Likes 31 Shares
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Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by Bluntguy: 12:19pm On Apr 12 |
Judging from where the Naira started plummeting to where it is now, it is not performing anything. I will agree with Bloomberg when it gets back to less than #800 per dollar. 148 Likes 14 Shares |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by Ofunaofu: 12:23pm On Apr 12 |
Bluntguy: N216 to a dollar where the APC met it as at 2015 227 Likes 12 Shares |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by LegendHero(m): 12:25pm On Apr 12 |
Ofunaofu: PDP met it at N28 in 1999. Why did they left it at N216? 342 Likes 36 Shares |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by LegendHero(m): 12:25pm On Apr 12 |
Kudos to Yemi Cardoso. According to Bloomberg, Naira is the best performing currency in the world for the month of April. Cardoso should fire on until it comes to a record low. Wale Edun should step up his game on the fiscal side too to complement the monetary side. To the saboteurs who are shouting “Keep your dollar close”, you will suffer for 1000 years when that dollar in your hand become worthless because the value has decrease 100% of what you got it. 192 Likes 23 Shares |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by Lizzysamuel(f): 12:26pm On Apr 12 |
LegendHero: 216-28 that's 188 difference. 1200-216 that's how much Agbadorian? I don't even want to mention the 1950 ATH you guys took it too. 128 Likes 12 Shares |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by Abbeytoy(m): 12:27pm On Apr 12 |
LegendHero: Wow 7 Likes 1 Share |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by MadamExcellency: 12:27pm On Apr 12 |
They should continue mocking Nigerians. There is no justification for Naira to exceed N700 at black market rate after removing fuel subsidy, naira should have appreciated to record low. 52 Likes 4 Shares |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by Ofunaofu: 12:27pm On Apr 12 |
LegendHero: So because of that, APC crashed it and made it worthless by taking it to N1,900 to a dollar 52 Likes 4 Shares |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by LegendHero(m): 12:29pm On Apr 12 |
Ofunaofu: Oga, dollar to naira rate cannot be constant for 16 years straight in a country like Nigeria. Stop setting too much high expectation. We need to produce at a rate not seen before to be even able to go head to head with the USD. Or maybe we should defend the naira with all the resources we have to keep it down to make you happy. At some point, naira had more value than $$ until it started the downward trend. PDP almost did 8x increase. 77 Likes 13 Shares |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by Paraman: 12:30pm On Apr 12 |
All thanks to President Tinubu and Cardoso. 46 Likes 8 Shares |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by Lizzysamuel(f): 12:30pm On Apr 12 |
Ofunaofu: Don't mind the enemy of Nigeria. He's happy that Naira climbed to 1900 from 216 in a space of 9years of APC. Imagine the most evil party PDP as they say, for 13 years kept Naira at 216 from 28 naira. 40 Likes 4 Shares |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by Lizzysamuel(f): 12:31pm On Apr 12 |
LegendHero: Hypocrite. This is your comment up there PDP met it at N28 in 1999. Why did they left it at N216? 19 Likes 4 Shares |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by Dialpad: 12:31pm On Apr 12 |
These Bloomberg guys want to give some people high BP 40 Likes 6 Shares |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by LegendHero(m): 12:32pm On Apr 12 |
Lizzysamuel: Your attempt at sarcasm failed because you don’t understand basic arithmetic. —PDP did almost 8x —APC as at now are still 6x You either condemn both or applaud both. You can’t use selective appraisal. 108 Likes 14 Shares |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by Ozommadu: 12:32pm On Apr 12 |
LegendHero: It's better than meeting something at #216 only to raise it to #1000+ You revolted against dollar at #216 I'm 2012, why are you defending #1000 now ![]() Hypocrisy 32 Likes 1 Share |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by Ofunaofu: 12:33pm On Apr 12 |
LegendHero: It cannot be constant but under eight year of APC regime, Naira became worthless, exchanging at N1,900 even getting to N2000 to a dollar from N216 where they met it 19 Likes 1 Share |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by StOla: 12:33pm On Apr 12 |
Lizzysamuel: It is not about difference but percentage. That is almost 1000%. Shame on you and PDP. 58 Likes 6 Shares |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by LegendHero(m): 12:33pm On Apr 12 |
Ozommadu: Did anyone hold your legs not to revolt? If I am celebrating naira, let me celebrate in peace. Then you can revolt in peace. It is your right. 63 Likes 10 Shares |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by Lizzysamuel(f): 12:34pm On Apr 12 |
LegendHero: It seems you're in the land of dead when it reached 1900. That's 8x Born liar. 26 Likes 3 Shares |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by StOla: 12:34pm On Apr 12 |
LegendHero: She is a financial illiterate. 57 Likes 9 Shares |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by LegendHero(m): 12:35pm On Apr 12 |
Lizzysamuel: Lol, you’re using absolute number instead of percentage? Typical of Obi supporters, they are just as basic in reasoning as the dull Peter Obi. 79 Likes 11 Shares |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by Lizzysamuel(f): 12:37pm On Apr 12 |
LegendHero: Imagine a supporter of "Na statistics we go chop" trying to score point with statistics. The joke is on you Agbadorian 24 Likes 3 Shares |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by LegendHero(m): 12:37pm On Apr 12 |
Lizzysamuel: You need to use the current rate to calculate and not the rate of last month. During PDP era, there are fluctuations too but we used the last rate when they left power. So why do you choose to use the rate of last month that we already got over? Are you trying to be clever by half? 53 Likes 7 Shares |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by LegendHero(m): 12:39pm On Apr 12 |
Lizzysamuel: lol, abeg go back to school and learn basic arithmetics. This conversation is gradually ”reducing” my IQ. 44 Likes 7 Shares |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by Lizzysamuel(f): 12:40pm On Apr 12 |
LegendHero: When we call you guys enemies of Nigeria, it will look like we are wicked. GEJ left dollar at 170/190 but you're still banding around 216 and don't want us to judge your own Oga with his ATH? Are you not a Hypocrite LegendHero? 13 Likes 2 Shares
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Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by alizma: 12:41pm On Apr 12 |
Nice one 2 Likes |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by Ozommadu: 12:41pm On Apr 12 |
LegendHero: It's funny that you can't smell your hypocrisy...it stinks Aren't you ashamed?? 13 Likes 1 Share |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by Validated: 12:41pm On Apr 12 |
LegendHero:First off, stop peddling lies. It will not help you in life. Lies can only get you through the "door", but the truth helps you to grow. Learn that mystery for your own good. Dollar-Naira Exchange Rate from 1997 to 2000(Black Market Rate.) 1997 $1 = N84. 58 1998 $1 = N84. 70 1999 $1 = N88-N90 2000 $1 = N105.(PDP) Then APC met it at N216 and now celebrating N1200? Is that not hypocrisy? 29 Likes 4 Shares |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by Lizzysamuel(f): 12:42pm On Apr 12 |
LegendHero: LegendHero: Reducing IQ of a "thing" that doesn't know when to use Leave and Left? My belle😂 19 Likes 3 Shares |
Re: Naira Is "World's Best Performing Currency" In April - Bloomberg by blamingthedevil: 12:42pm On Apr 12 |
Ofunaofu: you don't understand that Nigeria was wasting $20 billion yearly to defend Naira which has been removed. So you want the waste to continue? 31 Likes 5 Shares
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