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Nairaland Forum / Nairaland / General / Business / CBN Weakens Naira To 307/dollar For First Time (dailytrust) (34763 Views)
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CBN Weakens Naira To 307/dollar For First Time (dailytrust) by ManirBK: 8:29pm On Dec 04, 2017 |
The Central Bank of Nigeria (CBN) on Monday weakened the Naira marginally, selling dollars at N307 each for the first time on the official interbank market, in what traders say could signal a gradual move to merge its multiple exchange rates. https://www.dailytrust.com.ng/cbn-weakens-naira-to-307-dollar-for-first-time.html 3 Likes 1 Share |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by ManirBK: 8:30pm On Dec 04, 2017 |
good development Buhari is working 18 Likes 1 Share
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Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by python1: 8:31pm On Dec 04, 2017 |
Very good one there. Your comment hardywaltz: My response python1: https://www.nairaland.com/4213410/forex-reserves-gain-455m-one#62959909 I pray it really works out that way. 10 Likes 4 Shares |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by agwom(m): 8:37pm On Dec 04, 2017 |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by hatchy(f): 8:38pm On Dec 04, 2017 |
ManirBK:Buhari is working what? Does the dunce know the dynamics of economics and its indices? A man who have never written any book in his life nighter has he delivered any intellectual speech is nothing but a Dundee who ought to be tending to his herd of cows in Daura than bringing sorrows and misery to Nigerians. 117 Likes 10 Shares |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by Nobody: 8:44pm On Dec 04, 2017 |
There is problem in the economy - first is scarcity of fuel at stations. - second is devaluation of Naira 20 Likes |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by SalamRushdie: 8:46pm On Dec 04, 2017 |
ManirBK: Are you educated at all ? can you read and comprehend? I am worried for you Manir 69 Likes 1 Share |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by ManirBK: 8:49pm On Dec 04, 2017 |
SalamRushdie:pls why positive stuff irritates you? 21 Likes 1 Share |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by SalamRushdie: 8:53pm On Dec 04, 2017 |
ManirBK: What is positive about the Naira weakening 40 Likes 1 Share |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by NwaAmaikpe: 9:57pm On Dec 04, 2017 |
The naira is a reflection of the President. Weak Naira, weak president. 107 Likes 8 Shares |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by Godswillnwaoma(m): 9:57pm On Dec 04, 2017 |
too bad for the economy 2 Likes |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by Pavore9: 9:58pm On Dec 04, 2017 |
Sighs. |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by obaataaokpaewu: 9:58pm On Dec 04, 2017 |
Leaving us at the mercies of these banks. I wonder when the banks will start transacting at that rate 4 Likes 1 Share |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by olusholajohn(m): 9:58pm On Dec 04, 2017 |
ATIKU 2019 7 Likes 1 Share |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by eleojo23: 9:58pm On Dec 04, 2017 |
Which 305 and 307 are they talking about sef? All I know is that banks have been charging us between 367 to 380/$. So all this 305 and 307 talk na for theory as far as I am concerned. 72 Likes 4 Shares |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by nawtyme: 9:58pm On Dec 04, 2017 |
Please, who gets dollar at that rate? Please don't shout at me oo. Headache is doing me. 4 Likes |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by Aldebaran(m): 9:59pm On Dec 04, 2017 |
Nice... |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by potent5(m): 9:59pm On Dec 04, 2017 |
Magomago goffamint. 4 Likes |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by haconjy(m): 9:59pm On Dec 04, 2017 |
Why not where GEJ left it? 7 Likes 2 Shares |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by seankay(m): 9:59pm On Dec 04, 2017 |
The fact is that we have never been lucky with Leaders and its our fault cos we keep goading , supporting and fighting ourselves over selfish and corrupt Politicians who are suppose to be in jail in a sane Country. The fact is that these Politicians are clueless about ow to fix this country. I tell you that there are millions of Nigerians that knows how to fix this country but they are not close to attaining power. If either of Buhari and Atiku is elected in come 2019, then i will give up on this Country! 16 Likes 3 Shares |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by ANBAKO: 9:59pm On Dec 04, 2017 |
Which one is weaken the Naira "Marginally"? All these people just cajoling us with grammar. Wonder this why they weaken our educational totally. #fcukthechange 3 Likes |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by haconjy(m): 9:59pm On Dec 04, 2017 |
Why not where GEJ left it? Why not where GEJ left it? 4 Likes |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by GeorgeTheCoder: 10:00pm On Dec 04, 2017 |
Soludo was talking about convergence of rates as far back as 2003. CBN is still on that matter in 2017. Nigeria is not moving forward at all 4 Likes |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by HAH: 10:00pm On Dec 04, 2017 |
We really need convergence of rates, is only in a rigged system that multiple fx rates will be allowed to thrive 3 Likes 1 Share |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by joviegghead: 10:00pm On Dec 04, 2017 |
Just passing |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by Xeedorf: 10:00pm On Dec 04, 2017 |
Real One Chance be dis APC government.
Asigbe Omo wondu! 2 Likes |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by Michaelpresh(m): 10:01pm On Dec 04, 2017 |
Will it ever come down to The rate of N1 per dollar?? |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by money121(m): 10:02pm On Dec 04, 2017 |
Lobatan |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by money121(m): 10:03pm On Dec 04, 2017 |
Michaelpresh: No That one na ordinary APC manifesto why u sef dey believe Them Na waa for u oo 4 Likes 1 Share |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by Promismike(m): 10:04pm On Dec 04, 2017 |
Sai baba |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by Chujor1634(m): 10:04pm On Dec 04, 2017 |
Mehn I'm going to change my dollars o before it turn what I'll be using to buy Ogi and akara. I don't like what I hate. Thumbs up buhari 3 Likes |
Re: CBN Weakens Naira To 307/dollar For First Time (dailytrust) by NaijaMutant(f): 10:04pm On Dec 04, 2017 |
I can't believe people are actually celebrating a weakened naira as an achievement for Buhari. Zombies are just looking for anything to celebrate. You can celebrate my birthday 14 Likes |
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