jaoniy2k:


I really luv too bro, my concern is d remaining $20

stagger:


The retail rate pegged by CBN for invisible transactions is N375. According to the Director of the MPC unit, the aim of the CBN intervention is to achieve convergence of retail CBN rate and the parallel market rate, just the way it was under Charles Soludo's regime.

jaoniy2k:


I really luv too bro, my concern is d remaining $20

LordAdam16:
Headline: External reserves drop for first time since December

http://punchng.com/external-reserves-drop-for-first-time-since-december/

Headline: Brent falls below $50, lowest since November, as US stockpiles rise

https://www.energyvoice.com/oilandgas/134690/brent-falls-50-lowest-since-november-us-stockpiles-rise/

After the reggae...

Later when the parallel rate starts rising, and we say "I told you so," they'll say we are "economic saboteurs."

Who is sabotaging the economy if not the government.

If there is enough dollars as the CBN and the FG wants us to believe to meet demand, why intervene? Simply let the Naira float.

cc Onatisi, wamiikechukwu

-Lord

oswardic:
Make I carry $5 inside

LordAdam16:
Headline: External reserves drop for first time since December

http://punchng.com/external-reserves-drop-for-first-time-since-december/

Headline: Brent falls below $50, lowest since November, as US stockpiles rise

https://www.energyvoice.com/oilandgas/134690/brent-falls-50-lowest-since-november-us-stockpiles-rise/

After the reggae...

Later when the parallel rate starts rising, and we say "I told you so," they'll say we are "economic saboteurs."

Who is sabotaging the economy if not the government.

If there is enough dollars as the CBN and the FG wants us to believe to meet demand, why intervene? Simply let the Naira float.

cc Onatisi, wamiikechukwu

-Lord

LaconicINC:
carry the $20 na shuooo

Swegzfreak:


Come pack my own na ... 100$ btc at 415

onatisi:

This may not be sustainable achievable without banks allowing dollar transactions on their naira cards. Don't overlook the fact that what is happening now is artificial because the rate been used now is induced rate due to govt injection of the nation fx into the market. What happens if they don't inject any dollars for 2 weeks?your guess is as good as mine.

oswardic:
I only want to sow seed

matken:
926 @-400 btc

oswardic:
Make I carry $5 inside

LaconicINC:
you can increase your seed money for more blessings na

oswardic:

jaoniy2k:


mk una carry d $20 abeg, help ur broda ministry

LordAdam16:
Headline: External reserves drop for first time since December

http://punchng.com/external-reserves-drop-for-first-time-since-december/

Headline: Brent falls below $50, lowest since November, as US stockpiles rise

https://www.energyvoice.com/oilandgas/134690/brent-falls-50-lowest-since-november-us-stockpiles-rise/

After the reggae...

Later when the parallel rate starts rising, and we say "I told you so," they'll say we are "economic saboteurs."

Who is sabotaging the economy if not the government.

If there is enough dollars as the CBN and the FG wants us to believe to meet demand, why intervene? Simply let the Naira float.

cc Onatisi, wamiikechukwu

-Lord

LaconicINC:
boss reason the matter

onatisi:

This may not be sustainable achievable without banks allowing dollar transactions on their naira cards. Don't overlook the fact that what is happening now is artificial because the rate been used now is induced rate due to govt injection of the nation fx into the market. What happens if they don't inject any dollars for 2 weeks?your guess is as good as mine.

stagger:


I agree with you. Already, the foreign reserves have shown a decline for the 1st time in 3 months and crude oil prices are trending downwards once more. How long this will last remains to be seen.

Meanwhile, when will this dollar drop reflect on prices of stuff in the market?