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Nairaland Forum / Nairaland / General / Business / Naira Quoted At 253/$ As Interbank Market Opens (46438 Views)
Naira Appreciates To N435/$, As CBN Injects $180m. / Naira Appreciates To N455/$ As External Reserves Hit $30bn / Naira Finally Improves At The Interbank Rate (2) (3) (4)
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Re: Naira Quoted At 253/$ As Interbank Market Opens by Mftivi: 11:51am On Jun 20, 2016 |
tbaba1234:my brother these people hay have it sold @ 360 when official rate was 197 what will they sell now. These people a have it can they meet the demand of the every Business in Nigeria |
Re: Naira Quoted At 253/$ As Interbank Market Opens by bakila: 11:51am On Jun 20, 2016 |
wayodude:None, because someone wrote the thesis for that PhD. 4 Likes |
Re: Naira Quoted At 253/$ As Interbank Market Opens by Mftivi: 11:52am On Jun 20, 2016 |
PassingShot:many governors insisted that the money should be shared amongst states. |
Re: Naira Quoted At 253/$ As Interbank Market Opens by tbaba1234: 11:53am On Jun 20, 2016 |
deflover: It would stabilize around 250-280, maybe even 300. no way it will rise up to 600... That's just dreams. 8 Likes |
Re: Naira Quoted At 253/$ As Interbank Market Opens by jagabanban: 11:53am On Jun 20, 2016 |
crazymommy: You are not just a woman, you are "crazymommy" ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
Re: Naira Quoted At 253/$ As Interbank Market Opens by Saintp(m): 11:55am On Jun 20, 2016 |
PassingShot: I am very optimistic that naira will rise again with this policy and i pray it succeds. But it would do you guys a whole lot of good to spare us this early praise singing, this is just d first day. This was how you guys opened countless threads praising PMB. on the yuan deal and i thought the dollar will crash but up till now, the yuan fire has quenched. If i were u guys that like licking politicans smelly ass, i will give enough time for policies to bed in before praise singing since that is all you guys do. 9 Likes |
Re: Naira Quoted At 253/$ As Interbank Market Opens by gloryman91: 11:55am On Jun 20, 2016 |
Prayer is that this buharinomics works this time. |
Re: Naira Quoted At 253/$ As Interbank Market Opens by adams009: 11:56am On Jun 20, 2016 |
AtlanticBreeze: I think we have to be offering solutions no to criticize any attempt to correct things. When CBN & buhari are fixed the rate you cry foul & now with floating you are still not comfortable. What will you do if are in there shoe. |
Re: Naira Quoted At 253/$ As Interbank Market Opens by AtlanticBreeze: 11:57am On Jun 20, 2016 |
bakila:which nightmares? is the country succeeding? Or you are seeing it from the zombie angle ![]() |
Re: Naira Quoted At 253/$ As Interbank Market Opens by SirAweezy(m): 11:57am On Jun 20, 2016 |
deflover: You don't even need PHD to know market forces, 'just need common sense 600 could be exaggeration but dollar will shootup no doubt. But it will stay in one place for a long time. 1 Like |
Re: Naira Quoted At 253/$ As Interbank Market Opens by blarkraimez: 11:57am On Jun 20, 2016 |
iboboyswag:Ds ur reply made my day... loving u like mad nao. At least I av a deep thinker in d house... am a phd students too.... dat doesnt me, I get it right all d time. In short woo unto anybody dat believes academic prowess automatically answers economical problems. 3 Likes |
Re: Naira Quoted At 253/$ As Interbank Market Opens by bebe2(f): 11:59am On Jun 20, 2016 |
crazymommy: Pls , it's not over yet. Pple will panic buy and panic sell, then rate will start to rise again because there is no enuf fx to satisfy all the want. |
Re: Naira Quoted At 253/$ As Interbank Market Opens by OlujobaSamuel: 11:59am On Jun 20, 2016 |
crazymommy:I saw the guy's post too, he later advertised it for 350, I just dey laff am, I wan comment to tell him the truth, but I noticed some form of pride in his post so I maintain my lane. he is just into buying and selling, knows nothing about fx system. 2 Likes |
Re: Naira Quoted At 253/$ As Interbank Market Opens by Ability247(m): 12:00pm On Jun 20, 2016 |
donsteady: He is high on fresh tomato syrup (my prediction) |
Re: Naira Quoted At 253/$ As Interbank Market Opens by PentiumPro(f): 12:00pm On Jun 20, 2016 |
adams009: You are talking to unreasonable devilish folks. These guys are not interested in proffering any solution to these economics crises, they are indeed happy that things are not working. The more the economy hit crises the more they can taunt you and I and say **yes we warned you people not to vote a certificate-less dullard*** 1 Like |
Re: Naira Quoted At 253/$ As Interbank Market Opens by PassingShot(m): 12:00pm On Jun 20, 2016 |
Mftivi:That was for excess crude account. Not foreign reserves. They're not same thing. 2 Likes |
Re: Naira Quoted At 253/$ As Interbank Market Opens by BethRhema(m): 12:01pm On Jun 20, 2016 |
This floating policy is the sure way to go for our dying economy to be resuscitated, As at last week my BDC client said dollar is 370/$,but when I called this Monday morning he told me its now 360/$ at the parallel market and I asked hope it won't increase again and he said no... So you see the effect is already been felt 1 Like |
Re: Naira Quoted At 253/$ As Interbank Market Opens by tbaba1234: 12:02pm On Jun 20, 2016 |
Current rates Pound: 377 Euro:291 Dollar: 257.75 3 Likes |
Re: Naira Quoted At 253/$ As Interbank Market Opens by ifyalways(f): 12:02pm On Jun 20, 2016 |
Which bank quoted 257 ? GTB told me 340 ten minutes ago. Y'all should give us the name of the bank(s) selling below 300 please. Hope this is not the usual propaganda. 4 Likes |
Re: Naira Quoted At 253/$ As Interbank Market Opens by sarutobie(m): 12:03pm On Jun 20, 2016 |
Saintp:you just aired my thoughts, they've already started singing kumbaaya this early morning.... |
Re: Naira Quoted At 253/$ As Interbank Market Opens by AtlanticBreeze: 12:04pm On Jun 20, 2016 |
iboboyswag:ok, I should have asked the oluwole waec serfiticate holder Buhari who has refused to produce his real waec certificate and has destroyed the naira from where the "phd touting clueless president" left it? yeye blarkraimez:ok, phd students.. lmao 1 Like |
Re: Naira Quoted At 253/$ As Interbank Market Opens by Baylam(m): 12:06pm On Jun 20, 2016 |
Dude you're sick, The bolded got me trolling.hahahhhaha ![]() ![]() ![]() Businessideas: |
Re: Naira Quoted At 253/$ As Interbank Market Opens by AtlanticBreeze: 12:07pm On Jun 20, 2016 |
ifyalways:maybe you should ask the CBN governor on nairaland below.. he has been updating the rates per second. The news is fake.. I already told lalasticlala tbaba1234: 1 Like 1 Share |
Re: Naira Quoted At 253/$ As Interbank Market Opens by tbaba1234: 12:07pm On Jun 20, 2016 |
ifyalways: Wait for a few days, the current rate is 257.75/$ via Bloomberg... The market needs to settle first. 1 Like |
Re: Naira Quoted At 253/$ As Interbank Market Opens by vivavik(f): 12:08pm On Jun 20, 2016 |
We seem to have more pessimist than optimist. All I want is a value to the naira by not devaluing it, @the same time flexible exchange rate that is determined by an open market system. 1 Like |
Re: Naira Quoted At 253/$ As Interbank Market Opens by bayulll011(m): 12:09pm On Jun 20, 2016 |
crazymommy: Don't mind some iganoraous pple Dat full Nl now some of them are so stupe so silly,you are a very intelligent lady,suprise because most of those ladies here are mofos,fine face on empty head but are looking for cute guy to marry them,your follower just increased |
Re: Naira Quoted At 253/$ As Interbank Market Opens by ifyalways(f): 12:11pm On Jun 20, 2016 |
tbaba1234:Which bank(s) ? I called gtb again just now and its still 340. |
Re: Naira Quoted At 253/$ As Interbank Market Opens by tbaba1234: 12:11pm On Jun 20, 2016 |
AtlanticBreeze: You are dumb, mate.. http://www.bloomberg.com/quote/USDNGN:CUR 4 Likes |
Re: Naira Quoted At 253/$ As Interbank Market Opens by papaejima1: 12:11pm On Jun 20, 2016 |
Sincerely this reasoning is from the anus! You will find peace, contentment and completion when you accept the truth. Trying to deny the obvious is really pathetic. You didn't devalue the naira but floated it and still it officially lost value. Zombism is really a strange affliction. PassingShot: 1 Like |
Re: Naira Quoted At 253/$ As Interbank Market Opens by Optionalx: 12:13pm On Jun 20, 2016 |
Let's wait for a while appreciate the benefits or otherwise of this new policy b4 we start hailing. Na so people hail China parole finish it turned out to be the more look d less u see |
Re: Naira Quoted At 253/$ As Interbank Market Opens by ifyalways(f): 12:13pm On Jun 20, 2016 |
tbaba1234:Then stop typing it here! I had to quickly log in to NLD cos of this obvious fake news. Seun Lalasticlala Dominique Take down this fake thread abeg. Until its sold for 257, lets stop misinforming people. 1 Like 1 Share |
Re: Naira Quoted At 253/$ As Interbank Market Opens by bigtt76(f): 12:13pm On Jun 20, 2016 |
The naira would seem devalued when supply drops and demand sky rockets within the next few days as everyone would be looking to cash out of the economy fast ![]() tbaba1234: |
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