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Nairaland Forum / Nairaland / General / Business / Breaking : Dollar Is Rising Again - See Reason (3475 Views)
1 Dollar Is Now ₦1,070 / Tinubu is a genius:Breaking Dollar Below 1k / Breaking!!dollar Exchanges For ₦1,090 At Currency Markets In Nigeria (2) (3) (4)
Re: Breaking : Dollar Is Rising Again - See Reason by TrennixGLOBAL: 2:21pm On Apr 20 |
SenecaTheYonger: The Lions are waiting to mop up every single dollar in the economy if the dollar should fall to that rate and you would wonder what happened to all the dollars CBN has been releasing. |
Re: Breaking : Dollar Is Rising Again - See Reason by Af0nja: 2:40pm On Apr 20 |
tollyboy5: Shut up. For your mind strict fx control is the fix for currency depreciation? |
Re: Breaking : Dollar Is Rising Again - See Reason by CrossRhodes: 3:01pm On Apr 20 |
lwise:You go explain taya, na to blame banks now ![]() |
Re: Breaking : Dollar Is Rising Again - See Reason by tollyboy5(m): 3:06pm On Apr 20 |
maziemeka2024:I don't know why CBN Governor is giving unnecessary explanation to those people that don't wish Nigeria well. He should sell to them at ₦900 |
Re: Breaking : Dollar Is Rising Again - See Reason by nawaforyouo: 3:30pm On Apr 20 |
tollyboy5: I dont think this will work again. With the small amount they pay to BDCs, that will now be mopped up in a matter of days. Speculators are now seeing that as source of cheap dollars. The mystery of the dollar appreciation is no longer a mystery. The Government has no solid plans in place May God help us. |
Re: Breaking : Dollar Is Rising Again - See Reason by BabbanBura(m): 3:44pm On Apr 20 |
ForValour: They don't want to listen at all. Every other intervention is temporary and artifical, therefore unsustainable |
Re: Breaking : Dollar Is Rising Again - See Reason by lwise(m): 4:10pm On Apr 20 |
quadraheem: How is it a lie? |
Re: Breaking : Dollar Is Rising Again - See Reason by Goodlyhrt(m): 7:17pm On Apr 20 |
tollyboy5:Bros weldone o. Abeg you fit teach me how to make money in dollars. I can do anything with my laptop and phone.🙏🙏🙏 I can design, write, develop websites etc. |
Re: Breaking : Dollar Is Rising Again - See Reason by ClimaxHerbalixt(m): 8:44pm On Apr 20 |
tollyboy5: Your points are worth noting for the progress of the Country. 1 Like |
Re: Breaking : Dollar Is Rising Again - See Reason by tollyboy5(m): 9:17pm On Apr 20 |
nlfpmod seun mynd44 should move this to prontpage for public contribution |
Re: Breaking : Dollar Is Rising Again - See Reason by Elliotwaveforec: 9:22pm On Apr 20 |
Wave analysis 4 hour chart: Fifth wave about to begin after the correction capped at 1161.78. The fifth wave is projected to hit 830. The way Dollar go crash ehn! Thanks to TA!
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Re: Breaking : Dollar Is Rising Again - See Reason by warrenweste(m): 11:10pm On Apr 20 |
Elliotwaveforec: I pray it crash o |
Re: Breaking : Dollar Is Rising Again - See Reason by nawaforyouo: 10:06am On Apr 22 |
Elliotwaveforec: baba, the thing is going in opposite direction ooo |
Re: Breaking : Dollar Is Rising Again - See Reason by Elliotwaveforec: 10:30am On Apr 22 |
nawaforyouo: New low! Na technical analyst Abe o. See crashing! Give me any asset, a go predict with precision. I analyse and trade for a living.
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Re: Breaking : Dollar Is Rising Again - See Reason by ebila(m): 12:28pm On Apr 22 |
I'm impressed that a lot of people are seeing past the BS. Dollar will continue to rise until we start doing the right things like some people have already rightly mentioned. For sake of emphasis, we need to; 1. Be aggressive with production-This will directly impact export and give us enough FOREX. 2. Plug the crude-oil leaks-We get paid for crude oil in dollars, so i believe that explains itself. 3. Stop illegal mining of mineral resources-Most of our mineral resources are owned by individuals who barely pay anything to the FG. Change this, make it like crude oil, and our FOREX will increase. 4. Fix insecurity-Once foreigners feel secure enough, they'll invest in Nigeria and that will directly impact our FOREX. There are more things we can do for naira to gain against the dollar, but with these few i mentioned above, the gain will be substantial. Now the biggest questions are, will they do it? Do Nigerians even care enough to force them to do it? Some of you already know the response to those. |
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