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Nairaland Forum / Nairaland / General / Business / Naira Maintains Steady Falls As Speculators Scoop Dollars (29506 Views)
Naira Eyes N1,300/$ At Parallel Market As Speculators Offload FX / Banks Dollar Sale Falls As Naira Weakens To 1,479/Dollar / Naira Crashes To 1,030/$ As Speculators React (2) (3) (4)
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Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by obi4eze(m): 9:44pm On Apr 26 |
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Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by tnerro1(m): 9:46pm On Apr 26 |
Voodoo economics is being tested 3 Likes |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by Babalegba(m): 9:47pm On Apr 26 |
derecho:Obedients caused this particular problem. They kept mouthing off that Cardoso is using foreign reserves to shore up the naira. They got very loud so Cardoso had to deny which spooked the market . Nigerians are their own worst enemies but guess what nigerians deserve all the hardship they get so naira can as well go to one million to one dollar. Retard nation 4 Likes 2 Shares |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by tctrills: 9:47pm On Apr 26 |
SoNature:All of una with una homemade economics degree ehh. Anyway thank goodness you are not in charge. |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by tctrills: 9:48pm On Apr 26 |
SadiqBabaSani:And fall again 1 Like |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by Fcwilly: 9:48pm On Apr 26 |
RENO OMOKRI please we need your grammar on this mess as you are the unofficial presidential spokesperson. 6 Likes |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by Alexis11: 9:48pm On Apr 26 |
Niok: Congratulations 🎉 Things will get worse and you will be able to use it to campaign for Obi. Congrats again. But see you guys in 2027. ![]() 2 Likes 1 Share |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by Alexis11: 9:49pm On Apr 26 |
Babalegba: Well said. The best thing is for this country to divide because what Obidients are doing now, others will do it if their fraudster Messiah manage to become president (which is almost impossible by the way). The situation now is more like let the country collapse so that we can tell the people that voted for the incumbent "we told you"... This trend will never end. 5 Likes 1 Share |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by tctrills: 9:50pm On Apr 26 |
PureFace1:Follow the economics not what your mind is telling you. Right now, would you change your savings dollars to naira or the other way round? 3 Likes |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by rinzaugustine: 9:53pm On Apr 26 |
Imagine the embecile the people who hate Nigeria opened their decayed mouths to say is better than Peter obi..shame on Agbado failures…bunch of never do wells 10 Likes 1 Share |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by Alexis11: 9:54pm On Apr 26 |
rinzaugustine: Tinubu is 1 million times better than Obi. And that is a fact! 2 Likes 1 Share |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by tctrills: 9:55pm On Apr 26 |
Babalegba:Is that what Cardoso told you? If you guys like, keep blaming everyone except this evil government and the idiots that voted them in. 8 Likes 1 Share |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by rinzaugustine: 9:56pm On Apr 26 |
Alexis11:Gabriella Peter Obi daughter is 100k times Better than mandate thief not to talk of Peter Obi 14 Likes 1 Share |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by tctrills: 9:57pm On Apr 26 |
Alexis11:You are already thinking of elections when millions of Nigerian are currently dying of hunger because of the disaster you guys voted for. What is wrong with you? 11 Likes 2 Shares |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by rinzaugustine: 9:58pm On Apr 26 |
rinzaugustine: 4 Likes
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Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by tctrills: 10:00pm On Apr 26 |
Alexis11:Guys like you have zero shame. Even after making an evil choice that the entire country is suffering from, you continue to justify your evil Nigerians are dying from Tinubu's policies not Obi's 11 Likes 2 Shares |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by civilserva: 10:00pm On Apr 26 |
Gt |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by mightyhazel: 10:02pm On Apr 26 |
Racoon:You almost spoilt a good submission by mentioning a nonentity hustler... 4 Likes |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by oyeb15: 10:03pm On Apr 26 |
Tinubu made huge mistakes.if America do what Tinubu did, USA economy will fall. Lot of subsidy in USA, healthcare, employment, food etc 6 Likes |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by Fujiyama: 10:05pm On Apr 26 |
Babalegba: ^^^ ![]() There's something very wrong when the CBN governor's denial spooks the markets instead of calming them. 4 Likes |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by Niok: 10:08pm On Apr 26 |
Alexis11:tell your pathetic govt to fix the economy And stop crying like a lunatic looking for self pity 8 Likes 1 Share |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by KrystalKitty: 10:09pm On Apr 26 |
Thanks. |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by Arijude(m): 10:11pm On Apr 26 |
Alexis11:cry me an ocean. What you guys did to Jonathan is what is coming back to you people now. Cry more ! 8 Likes 1 Share |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by karkinase(m): 10:12pm On Apr 26 |
Kelklein:Same thing I was saying .. you can’t be intervening without making the real sectors work 4 Likes |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by melow666: 10:15pm On Apr 26 |
Well expected. The naira was artificially propped up by our government. The issue now is, the millions of USD sold to BDC at does low rates would be resold to Nigerians at a much higher rate. No body traces or gives account of these 5 Likes |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by Babalegba(m): 10:17pm On Apr 26 |
Fujiyama:When you invest in a volatile market and the general manager of the market says that he would do nothing to protect your investment,you would get worried and pull out because the assumption all along was that Nigeria is doing a managed flotation. I do pity Nigerian children but the adults deserve all the suffering they get,they are greedy, selfish, callous self inflated retards who pretends to be intelligent. One million to one dollar might get some sense into their vacuous heads. Let's pray for that. 3 Likes |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by edungene7: 10:17pm On Apr 26 |
When Aisha tweeted hold your dollar close to your chest clowns came out like bees to attack her agbadorians you all should have been used as free will donations to the slave trade masters because you are all brain dead Naira is a dead currency at the moment no amount of emergency oxygen by cordoso or corona virus can revive it 4 Likes 3 Shares |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by RepoMan007: 10:23pm On Apr 26 |
Emergency lovers of Nigeria are the ruling party asslÃckers always discovering their progressive nature when they see food. 3 Likes |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by idahme(m): 10:30pm On Apr 26 |
overseasnbeyond: Abokis can do this for you on a face to face transaction at the environment where you live, doing it with people online is quite risky unless you schedule to meet in person. 3 Likes |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by Winning123: 10:30pm On Apr 26 |
Racoon: You such a useless fellow 1 Like 1 Share |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by Donaldoni: 10:32pm On Apr 26 |
Piiiigggs rest! It's NGN1,293 on BYBIT. 1 Like 1 Share |
Re: Naira Maintains Steady Falls As Speculators Scoop Dollars by Elsueno: 10:35pm On Apr 26 |
SoNature: This is same shyt as binance thingy...all these guys aren't really d main issue. The government simply refused or do not have the balls to do the right thing!... As long as the basics aren't solved. more export, more dollar supply & swift judgement on corrupt officials & politicians converting looted funds to $$$. Nothing much would change. Those people accepting dollars for services are doing so because the trust in naira is mostly lost. 1 Like 1 Share |
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