hange rate of N360.
Under the new dispensation, the CBN would make the dollar available to the BDCs at N378, which would be sold at N380. He said this would make it impossible for those dealing in illegal operations and speculators to be profitable. “The situation cannot remain like this; things will improve. If coronavirus goes, we will get over it,” he said.
For a common citizen, buying online will soon become a Holy Grail.
Weak AF 😣
Why
ayemojubar Ode govt.
This tissue paper no dey hear word. They have explained the Dynamics. Stop using the word devaluation
Bad news everyday
LocusBendi
Anyone, how much is dollar-naira exchange rate now?
Ademdem87
I said it that CBN can’t sustain in holding the dollars from rising
Leadership at its Best...GMB economic team in shambles, they've continued to make life unbearable to the citizenry. Gone are the days of 190/$
Seriously?
But last week the cenbank Governor told the whole world that the present Nigerian macroeconomic fundamentals did not suggest devaluation of the naira. What has happened to necessitate devaluation a week after? Fundamentals don't lie but they guide reasonable policy decisions.