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Nairaland Forum / Nairaland / General / Business / Forex: CBN Pumps Additional $100m Into Market (11976 Views)
We Have Enough FOREX, CBN Tells Investors / FOREX: CBN Introduces New Rules, Naira Closes At 367/$ / Forex: CBN Sanctions 12 Banks For Frustrating Small Businesses (2) (3) (4)
Re: Forex: CBN Pumps Additional $100m Into Market by saintmark88(m): 7:26am On Mar 08, 2017 |
As far as the country keeps earning petrodollars it can be sustained, with our daily out hitting 2.1million barrels per day and D Avengers and d odas seem to have gone to sleep and d price of crude hitting $55 per barrel, it's bad news for hoarders of the dollars 3 Likes |
Re: Forex: CBN Pumps Additional $100m Into Market by lifestyle1(m): 7:33am On Mar 08, 2017 |
Hoarders must go back to village if they can't adjust to market trend. |
Re: Forex: CBN Pumps Additional $100m Into Market by Macaulish(m): 7:34am On Mar 08, 2017 |
Truth234: Cc: Onatisi It's like this People no dey hear word oo. E gba mi ke |
Re: Forex: CBN Pumps Additional $100m Into Market by almarthins(m): 7:36am On Mar 08, 2017 |
ToriBlue: Are u sure you know what CBN is ? They have the resources to consistently supply the market. They sell and buy dollars not from black market. 2 Likes |
Re: Forex: CBN Pumps Additional $100m Into Market by alt3r3g0: 7:46am On Mar 08, 2017 |
Miles300: The only way for this to reflect is if the banks start meeting demands on time. The BDC operators allowed a 20 naira difference between buy and sell which means they are already price fixing. If the banks play their part, fewer people will patronize BDC and they will be forced to bring down their price or eat their dollars. 2 Likes 1 Share |
Re: Forex: CBN Pumps Additional $100m Into Market by wristbangle: 7:48am On Mar 08, 2017 |
9jakohai: Apt response |
Re: Forex: CBN Pumps Additional $100m Into Market by Nobody: 7:50am On Mar 08, 2017 |
Where is CBN getting all this money? Is it because Buhari isn't around CBN is trying to make the Economic better? Buhari won't like this.... |
Re: Forex: CBN Pumps Additional $100m Into Market by onatisi(m): 7:50am On Mar 08, 2017 |
Macaulish:I said it last week,the maximum they can pump into the market is 100 million which isn't even enough ,they dare not pump more than that and by next week maybe just 80million. 2 Likes |
Re: Forex: CBN Pumps Additional $100m Into Market by Nobody: 7:53am On Mar 08, 2017 |
Am inspired |
Re: Forex: CBN Pumps Additional $100m Into Market by SamuelAnyawu(m): 7:54am On Mar 08, 2017 |
princemillla: Lol surely soon bro |
Re: Forex: CBN Pumps Additional $100m Into Market by modath(f): 8:02am On Mar 08, 2017 |
onatisi: Make dem try pump more so we naysayers can be put to shame!! I however hope it ends well cos this is gidigan!!! I don't get how people find it hard to understand that you can like people/something & still be critical of their actions!! 2 Likes |
Re: Forex: CBN Pumps Additional $100m Into Market by progress69: 8:05am On Mar 08, 2017 |
plainol: beamtopola: The stupid lies u people tell will bury u one day. See both of u contradicting ur selves and talking like kids that u are. For the records, ur useless god already depreciated the Naira to 197/$ before he left and it was selling 235/$ in the black market. Oil was still well above $60/barrel then. So u can keep living in self deceit! 2 Likes |
Re: Forex: CBN Pumps Additional $100m Into Market by onatisi(m): 8:16am On Mar 08, 2017 |
modath:I am sure the dollar price will rise by Friday all through the weekend . Now the politicians have converted all their stolen billions of naira into cheap dollars. They will gradually stop all these pumping pumping rubbish by saying that they need funds to finance the budget and carry out this year projects. Just wait and see |
Re: Forex: CBN Pumps Additional $100m Into Market by DMarvel(m): 8:17am On Mar 08, 2017 |
9jakohai:Brilliant Expressions! 1 Like |
Re: Forex: CBN Pumps Additional $100m Into Market by einsteine(m): 8:20am On Mar 08, 2017 |
saintmark88: And good news for round trippers. The spread between the interbank market and the parallel market is still 100+ NGN. Round trippers would make more money as there is now increased volume to sell. |
Re: Forex: CBN Pumps Additional $100m Into Market by onatisi(m): 8:24am On Mar 08, 2017 |
DMarvel:That was exactly what kalu idika kalu said.that this government is only giving ppl false hopes and playing on their intelligence unfortunately many Nigerians lack adequate intelligence anyway. That all this osinbajo gimmicks wont solve anything infact it is counter productive. I have said it that if osinbajo becomes the president he will be the final destruction to the economy. God should please please bring back buhari |
Re: Forex: CBN Pumps Additional $100m Into Market by Macaulish(m): 8:34am On Mar 08, 2017 |
modath: Sincerely, O gidigan oo!!! |
Re: Forex: CBN Pumps Additional $100m Into Market by Macaulish(m): 8:35am On Mar 08, 2017 |
onatisi: Oya Sai Baba !! |
Re: Forex: CBN Pumps Additional $100m Into Market by fagin1982(m): 8:44am On Mar 08, 2017 |
RealLordZeus: You are very correct ...Alot of FX still trapped with people ..The more naira appreciates ,the need for them to release the funds else they run at loss I just pray this works ..alot in Nigeria is tied to FX transactions 1 Like |
Re: Forex: CBN Pumps Additional $100m Into Market by onatisi(m): 8:46am On Mar 08, 2017 |
Re: Forex: CBN Pumps Additional $100m Into Market by willibounce1(m): 8:48am On Mar 08, 2017 |
CBN don turn to pumping machine.... sha continue to pump until it gets to 200# to a dollar. |
Re: Forex: CBN Pumps Additional $100m Into Market by onatisi(m): 8:48am On Mar 08, 2017 |
fagin1982:You will understand the game better but unfortunately by then things may have gone out of control |
Re: Forex: CBN Pumps Additional $100m Into Market by Nobody: 8:48am On Mar 08, 2017 |
progress69:The dollar was selling at the rate of 172 |
Re: Forex: CBN Pumps Additional $100m Into Market by soath(m): 9:20am On Mar 08, 2017 |
nony43:We buy in kongo here |
Re: Forex: CBN Pumps Additional $100m Into Market by ISTANDWITHBUHAR: 9:22am On Mar 08, 2017 |
GogetterMD: Yes it is with the current over 2.1 million barrel per day of crude oil we will be making over $125million daily.. |
Re: Forex: CBN Pumps Additional $100m Into Market by ISTANDWITHBUHAR: 9:24am On Mar 08, 2017 |
plainol: Whoever tell you that lies go and sue the person, Dollar was 285/$ when they take over power.. Oh.. how will you know when you might have not even seen or touch dollar before... |
Re: Forex: CBN Pumps Additional $100m Into Market by ISTANDWITHBUHAR: 9:28am On Mar 08, 2017 |
ToriBlue: What an hatred filled heart you are, So you are praying for them not to be able to anymore? hahahah sorry your prayer won't work except you are praying for crude oil to dry up hahaha.. We are making over $125million daily from crude and we get paid in dollars hahah.. 1 Like |
Re: Forex: CBN Pumps Additional $100m Into Market by Adesiji77: 9:34am On Mar 08, 2017 |
ToriBlue: But why now? What has CBN done to you? |
Re: Forex: CBN Pumps Additional $100m Into Market by progress69: 9:36am On Mar 08, 2017 |
beamtopola:Ok.. Maybe in your village sha. https://www.nairaland.com/2166138/cbn-officially-devalues-naira |
Re: Forex: CBN Pumps Additional $100m Into Market by ISTANDWITHBUHAR: 10:03am On Mar 08, 2017 |
onatisi: hahahah sorry sorry over the weekend they pump in $367million are you in pluto? 1 Like |
Re: Forex: CBN Pumps Additional $100m Into Market by ISTANDWITHBUHAR: 10:08am On Mar 08, 2017 |
onatisi: LOL wishing the country to go down more is an evil don't you ever think about that? You never wish the Govt to succeed so i never take you serious.. Putting you guys to shame will make me happy... Wailing wailers how market? 2 Likes 1 Share |
Re: Forex: CBN Pumps Additional $100m Into Market by saintmark88(m): 10:12am On Mar 08, 2017 |
einsteine: I can c ur still living n d past, d dollar traded for 399 to a dollar at the parallel market......it D interbank it traded for 305, isn't that less than 100??....abi u no sabi maths |
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