Stella Dimoko Korkus.com: Naira Exchange Rates Today 28/2/2017

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Tuesday, February 28, 2017

Naira Exchange Rates Today 28/2/2017

Why is the Parallel rate like that...


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27 comments:

  1. Miss Ess28 February 2017 at 14:17

    Still on the high

    ReplyDelete
  2. Unknown28 February 2017 at 14:18

    I think its because the monies been pummeled by CBN is going into the bank alone. There is no circulating dollar on the streets,

    ReplyDelete
    Replies
    1. anonymous gangster28 February 2017 at 15:23

      Lol! Why should dollars or any efex circulate on the street?? Hhen, aunty Lisa??

      Delete
  3. Yvonne28 February 2017 at 14:19

    Slow & Steady! We'll get there.

    ReplyDelete
    Replies
    1. Yemi7up28 February 2017 at 15:37

      Amen.

      Delete
    2. Peaches and Cream28 February 2017 at 17:22

      Yes Yvonne

      Delete
    3. Mrs Smiley28 February 2017 at 19:31

      Amen o

      Delete
    4. ARIANNA28 February 2017 at 21:28

      Amen.
      Was so surprised and glad when I noticed my last transaction that GTB only took 320 Naira per dollar as against FBN's 490+ Naira.
      So so happy and can't wait for March

      Delete
    5. Anonymous1 March 2017 at 06:13

      Are cards now working on ATMs

      Delete
  4. Yori Yori Princess28 February 2017 at 14:20

    The money should come down jare. Saw on paper that cbn wants to peg it at N300+ for what now. They should take us where they met us. N165 per dollar

    ReplyDelete
    Replies
    1. Shyla28 February 2017 at 16:14

      Kai! The day I hear sey e don enter N165 I go mop am up. Lol.

      Delete
    2. General Zod28 February 2017 at 20:37

      They did not meet it at 165.

      Delete
    3. Anonymous1 March 2017 at 21:56

      Hahahahahahahahahaha. Abi ooo. They should take us to where they met us or even further down

      Delete
  5. Joblesshousewife28 February 2017 at 14:20

    I'm just weak....ahn ahn...

    ReplyDelete
    Replies
    1. Unknown28 February 2017 at 16:19

      Jobhy no weak abeg o. Things will be fine. How's our Darling baby doing? Regards

      Delete
  6. Blackberry28 February 2017 at 14:31

    Still high.

    ReplyDelete
  7. Bianca Bruno28 February 2017 at 14:36

    Stella na winch dey worry all of them

    ReplyDelete
  8. Nwannewi28 February 2017 at 15:37

    Hmmmmmmm still high ohh

    ReplyDelete
  9. Anonymous28 February 2017 at 15:39

    There is scarcity of dollars because of the low price of oil, therefore, the demand for dollars in the parallel market exceeds supply leading to increased rate of exchange. To understand better, the country earned a minimum of $1.5 billion dollars monthly during the oil boom but presently earn a maximum of $600 million dollars per month.

    I can boldly say the exchange rate is not going back below 300 Naira per dollar except there is a sudden rise in global oil prices which looks like a distant reality. The only viable solution is a long term approach by reducing dependency on imports so that the pressure on the Naira is not heightened when the dollar becomes scarce.

    ReplyDelete
    Replies
    1. Unknown28 February 2017 at 16:45

      Anon thank you for breaking it down for us

      Delete
    2. Jennah28 February 2017 at 17:01

      Thank you.

      Delete
    3. Anonymous28 February 2017 at 17:06

      Nigeria will continue to be an importing country until electricity is fixed

      Delete
    4. Anonymous28 February 2017 at 18:29

      Anon 15.39, thank u!

      Delete
    5. Anonymous28 February 2017 at 19:12

      Correct 15:39. No mind the olodos and onufia peeps that are always blaming Buhari.

      Delete
    6. Anonymous28 February 2017 at 19:14

      You know your onion anonymous.
      Well said

      Delete
    7. Anonymous28 February 2017 at 19:16

      Mumu
      You don't know oil price has been going up purple by little that's why cbn have enough money to pummel into the market??

      Copy and paste somebody
      You can not even make research

      Delete
  10. Lucent 28 February 2017 at 16:39

    300 is still on the high side. 200 is fine

    ReplyDelete

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