| SAD: NAIRA DEVALUED, NOW 168 TO THE US DOLLAR | |
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smile2012 Ultimate
Sex : male Posts : 20755 Location : lag
| Subject: SAD: NAIRA DEVALUED, NOW 168 TO THE US DOLLAR 2014-11-26, 13:21 | |
| The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday bowed to pressure by devaluing the naira from N155 to N168 to the US dollar. The MPC tightened the apex bank’s monetary policy by allowing some flexibilities in the exchange rate to stem speculative activities and depletion of reserves.
The announcement was made by the CBN Governor, Mr. Godwin Emefiele, while briefing journalists shortly after the MPC meeting at the bank’s headquarters in Abuja. | |
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ancl Master
Posts : 17355
| Subject: Re: SAD: NAIRA DEVALUED, NOW 168 TO THE US DOLLAR 2014-11-26, 13:28 | |
| that is bank exchange rate come to sabi and see what Hausa man give in exchange May God help this country | |
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smile2012 Ultimate
Sex : male Posts : 20755 Location : lag
| Subject: Re: SAD: NAIRA DEVALUED, NOW 168 TO THE US DOLLAR 2014-11-26, 13:29 | |
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stainlez Veteran
Sex : Male Posts : 9283 Location : Lagos
| Subject: Re: SAD: NAIRA DEVALUED, NOW 168 TO THE US DOLLAR 2014-11-26, 13:34 | |
| This is not true joor Latest Exchange Rates: 1 United States Dollar = 177.782 Nigerian Naira | |
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arsenaaaaaal Professional
Sex : male Posts : 2606
| Subject: Re: SAD: NAIRA DEVALUED, NOW 168 TO THE US DOLLAR 2014-11-26, 16:58 | |
| Black market rate is 181-182 naira to a dollar. | |
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stainlez Veteran
Sex : Male Posts : 9283 Location : Lagos
| Subject: Re: SAD: NAIRA DEVALUED, NOW 168 TO THE US DOLLAR 2014-11-26, 17:26 | |
| Can we please call for the removal of the Governor of the CBN? | |
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arsenaaaaaal Professional
Sex : male Posts : 2606
| Subject: Re: SAD: NAIRA DEVALUED, NOW 168 TO THE US DOLLAR 2014-11-26, 17:53 | |
| - stainlez wrote:
- Can we please call for the removal of the Governor of the CBN?
......and who's gonna listen to us? | |
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stainlez Veteran
Sex : Male Posts : 9283 Location : Lagos
| Subject: Re: SAD: NAIRA DEVALUED, NOW 168 TO THE US DOLLAR 2014-11-26, 18:24 | |
| - arsenaaaaaal wrote:
- stainlez wrote:
- Can we please call for the removal of the Governor of the CBN?
......and who's gonna listen to us? This paddie paddie system we operate in this country is causing more harm than good
Last edited by stainlez on 2014-11-26, 18:30; edited 1 time in total | |
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smile2012 Ultimate
Sex : male Posts : 20755 Location : lag
| Subject: Re: SAD: NAIRA DEVALUED, NOW 168 TO THE US DOLLAR 2014-11-26, 18:28 | |
| Inflation!! Let's prepare | |
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stainlez Veteran
Sex : Male Posts : 9283 Location : Lagos
| Subject: Re: SAD: NAIRA DEVALUED, NOW 168 TO THE US DOLLAR 2014-11-26, 18:30 | |
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smile2012 Ultimate
Sex : male Posts : 20755 Location : lag
| Subject: Re: SAD: NAIRA DEVALUED, NOW 168 TO THE US DOLLAR 2014-11-26, 18:32 | |
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peter pan Master
Posts : 10992 Location : UNITED
| Subject: Re: SAD: NAIRA DEVALUED, NOW 168 TO THE US DOLLAR 2014-11-26, 19:30 | |
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| Subject: Re: SAD: NAIRA DEVALUED, NOW 168 TO THE US DOLLAR | |
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| SAD: NAIRA DEVALUED, NOW 168 TO THE US DOLLAR | |
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