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 Naira depreciates by N2 against Dollar

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smile2012
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Naira depreciates by N2 against Dollar Empty
PostSubject: Naira depreciates by N2 against Dollar   Naira depreciates by N2 against Dollar Empty2015-09-24, 03:42

Lagos—The Naira, yesterday, depreciated slightly against the Dollar at the parallel market, dropping by N2.
The currency traded N222, N350 and N256 against the Dollar, Pounds and Euro, respectively. On Monday and Tuesday, it traded at N220, N345 and N252 against the Dollar, Pounds and Euro respectively.

Naira-Dollar
However, the official interbank rate remained at N197 to the Dollar.
Mr. Harrison Owoh, a bureau de change operator, said in Lagos that the Naira’s drop in value was connected to Central Bank of Nigeria, CBN’s failure to sell enough foreign currencies.
He said that parallel market operators had expected the apex bank to sell more foreign currencies before the Eid el-Kabir break.
Owoh said that the currency may depreciate further due to the long break associated with Muslims’ celebration.
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peter pan
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Naira depreciates by N2 against Dollar Empty
PostSubject: Re: Naira depreciates by N2 against Dollar   Naira depreciates by N2 against Dollar Empty2015-09-24, 05:49

Noted!
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smile2012
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Naira depreciates by N2 against Dollar Empty
PostSubject: Re: Naira depreciates by N2 against Dollar   Naira depreciates by N2 against Dollar Empty2015-09-24, 08:29

gradually it will fall...so sure
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Ashawo
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Naira depreciates by N2 against Dollar Empty
PostSubject: Re: Naira depreciates by N2 against Dollar   Naira depreciates by N2 against Dollar Empty2015-09-24, 09:05

Very soon it will move to #500
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SUREMAJESTY
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Naira depreciates by N2 against Dollar Empty
PostSubject: Re: Naira depreciates by N2 against Dollar   Naira depreciates by N2 against Dollar Empty2015-09-24, 09:16

Good info.
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Safex
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Naira depreciates by N2 against Dollar Empty
PostSubject: Re: Naira depreciates by N2 against Dollar   Naira depreciates by N2 against Dollar Empty2015-09-24, 11:40

@Ashawo wrote:
Very soon it will move to #500
in fact, d tin's just getting worse everyday ni
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peter pan
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peter pan

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Naira depreciates by N2 against Dollar Empty
PostSubject: Re: Naira depreciates by N2 against Dollar   Naira depreciates by N2 against Dollar Empty2015-09-24, 12:33

@Safex wrote:
@Ashawo wrote:
Very soon it will move to #500
in fact, d tin's just getting worse everyday ni
no bro
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SUREMAJESTY
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Naira depreciates by N2 against Dollar Empty
PostSubject: Re: Naira depreciates by N2 against Dollar   Naira depreciates by N2 against Dollar Empty2015-09-25, 11:27

@peter pan wrote:
@Safex wrote:
@Ashawo wrote:
Very soon it will move to #500
in fact, d tin's just getting worse everyday ni
no bro
May God help 9aijaa
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Naira depreciates by N2 against Dollar Empty
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