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Nairaland Forum / Nairaland / General / Business / Dollar Sells For N445 As Forex Scarcity Persists (30250 Views)
Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market / Forex Scarcity Persists As CBN Resumes Intervention / Dollar Sells For N420, Naira Crashes In Value (2) (3) (4)
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Dollar Sells For N445 As Forex Scarcity Persists by dre11(m): 6:08am On May 12, 2020 |
The dollar exchanged for N445 in the parallel market on Monday due to scarcity and shrinking liquidity in the forex market. https://punchng.com/dollar-sells-for-n445-as-forex-scarcity-persists/ 5 Likes 1 Share
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Re: Dollar Sells For N445 As Forex Scarcity Persists by Kendumazy(m): 7:17am On May 12, 2020 |
Seriously serious! It's even 450 as at this morning. 33 Likes 3 Shares |
Re: Dollar Sells For N445 As Forex Scarcity Persists by hidhrhis(m): 8:23am On May 12, 2020 |
Kendumazy:Can you explain something to me please Like if one want to exchange naira for Dollar now it will be at the rate of 450 17 Likes 1 Share |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Kendumazy(m): 10:37am On May 12, 2020 |
hidhrhis: Lol. If you want to exchange dollar to naira. It's 450. So, 450 x 100 dollars = 45000. 26 Likes 2 Shares |
Re: Dollar Sells For N445 As Forex Scarcity Persists by hidhrhis(m): 10:40am On May 12, 2020 |
Kendumazy:Thanks man 9 Likes |
Re: Dollar Sells For N445 As Forex Scarcity Persists by ForeThinker: 11:15am On May 12, 2020 |
Google is also your friend 6 Likes
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Re: Dollar Sells For N445 As Forex Scarcity Persists by Nobody: 11:15am On May 12, 2020 |
Nigeria has always been a f**ked up country even before the pandemic started, so I'm not surprised 44 Likes 3 Shares |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Nobody: 11:15am On May 12, 2020 |
Lol 445!! 2 Likes |
Re: Dollar Sells For N445 As Forex Scarcity Persists by okomile(f): 11:16am On May 12, 2020 |
Garri no dey sell for dollar I don't need it 30 Likes 1 Share |
Re: Dollar Sells For N445 As Forex Scarcity Persists by miniziter(m): 11:16am On May 12, 2020 |
Good news. Now my cocoa will sell 4 Likes 2 Shares |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Etinosa1234: 11:16am On May 12, 2020 |
people that will gain more from this are those living abroad 45 Likes 1 Share |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Aflix(m): 11:17am On May 12, 2020 |
And CBN recently said there's no Forex scarcity. Why is this government always lying to us Well na better cash out for streets 85 Likes 1 Share |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Houseofglam7(f): 11:17am On May 12, 2020 |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Hazlett1988: 11:17am On May 12, 2020 |
Time for street to cash out big,UNO UNO 4 Likes 2 Shares |
Re: Dollar Sells For N445 As Forex Scarcity Persists by rawtouch: 11:17am On May 12, 2020 |
keep rising |
Re: Dollar Sells For N445 As Forex Scarcity Persists by dayleke: 11:17am On May 12, 2020 |
CBN said dollar dey yanfuyanfu now...... Noftin to worry about. 2 Likes 2 Shares |
Re: Dollar Sells For N445 As Forex Scarcity Persists by mrvitalis(m): 11:17am On May 12, 2020 |
Where is that slave CBN governor that lied we have enough forex ....are they tired of defending the naira with our little reserve Accountants have no business with being a CBN governor at all ...look for managers and economist 6 Likes 1 Share |
Re: Dollar Sells For N445 As Forex Scarcity Persists by ecolime(m): 11:18am On May 12, 2020 |
This country is finished! Sadly, it's good news for some people... Inside life 1 Like |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Temptee101(m): 11:18am On May 12, 2020 |
It seems Nigeria will be worst hit by this pandemic because even before it came, our economy was in comatose, let alone the aftermath of the pandemic. And our darling president and my beloved country is waiting for one man to finish his refinery only God knows when after its take off was shifted from 2019 to 2021 before thinking of how to revive the economy. How will the economy recover from refining a product that has lost so much relevance? After so much noise about diversification, yet this govt spent billions of dollars searching for non-existent oil in the North. I think Nigerians are used to recession by now after our darling daddy brought it twice upon us. I fear this time, depression is staring at us in the face not recession. Brace up guys and may God help us all. 16 Likes 1 Share |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Nobody: 11:18am On May 12, 2020 |
Those Who Earn in $ Will like this news. if you know what i mean 51 Likes 3 Shares |
Re: Dollar Sells For N445 As Forex Scarcity Persists by OsuIgboIpob: 11:18am On May 12, 2020 |
CBN is indeed very stupîd under Buhari. The present governor must be a retàrd. How can you continue to shroud something and not expect it's value and scarcity to increase They stopped all transactions and transfer on Forex accounts since. Even if you have a domiciliary forex account, YOU CAN NOT TRANSFER IT TO ANYWHERE. The only thing you can do with Forex card account with existing fund is to pay for international transactions or purchase something with it online. The only way you can fund the account is to buy Forex From bureau de change and go to the bank to deposit it. What kind of stupîdity is that? Since the implementation of that nonsense, naira has continued to devalue. Is it only Nigeria that Corona virus or lockdown is affecting? USELESS leaders. 26 Likes 5 Shares |
Re: Dollar Sells For N445 As Forex Scarcity Persists by shiki(m): 11:18am On May 12, 2020 |
It will reach #600 B4 Dec 5 Likes 1 Share |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Maxymilliano(m): 11:18am On May 12, 2020 |
This is a bad omen on things to come ... |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Almubarak5: 11:18am On May 12, 2020 |
It is safe to say they have sold Nigeria. We will all continue to pay for it if we don’t demand good governance by force. 3 Likes 2 Shares |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Grace001: 11:19am On May 12, 2020 |
its nothing new, it’s always on the rise. 2 Likes 2 Shares |
Re: Dollar Sells For N445 As Forex Scarcity Persists by SweetOlive(f): 11:19am On May 12, 2020 |
It’s Time to learn some Forex Trading Skill 7 Likes 1 Share |
Re: Dollar Sells For N445 As Forex Scarcity Persists by Viccur(m): 11:19am On May 12, 2020 |
Damn 1 Like |
Re: Dollar Sells For N445 As Forex Scarcity Persists by SenecaTheYonger: 11:19am On May 12, 2020 |
its still 374.12 NGN in online money transfer service, Bleep off with this fake news. 16 Likes 2 Shares |
Re: Dollar Sells For N445 As Forex Scarcity Persists by sammysmiles(m): 11:19am On May 12, 2020 |
G |
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