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Naira Declines Further Despite 46% Surge In Dollar Trading Volume - Business - Nairaland

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Naira Declines To N1,510, N1,466.31 At Parallel, Official Markets / Naira Declines Heavily Again / Naira Declines To 370 As Forex Liquidity Drops (2) (3) (4)

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Naira Declines Further Despite 46% Surge In Dollar Trading Volume by Mateco556: 2:57pm On Nov 14, 2023
The amount of dollars traded on the Investor & Exporter forex window experienced a significant surge, marking a 46.69% increase to $123.25 million on Monday. This substantial rise follows Friday’s turnover of $84.02 million in the official market.

Despite the increased forex trading volume, the naira faced a 1.96% depreciation, closing at N795.41/$ on Monday, compared to...........

https://ratecaptain.com/naira-declines-further-despite-46-surge-in-dollar-trading-volume/

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Re: Naira Declines Further Despite 46% Surge In Dollar Trading Volume by nairavsdollars(f): 2:57pm On Nov 14, 2023
What are we producing?

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Re: Naira Declines Further Despite 46% Surge In Dollar Trading Volume by magoo10(m): 3:16pm On Nov 14, 2023
The olodos will soon go and borrow another millions of dollars to fire brigade the naira for another 2weeks.

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Re: Naira Declines Further Despite 46% Surge In Dollar Trading Volume by Macphenson: 3:40pm On Nov 14, 2023
Tinubu confused economics
Re: Naira Declines Further Despite 46% Surge In Dollar Trading Volume by Dafresh: 3:41pm On Nov 14, 2023
nairavsdollars:
What are we producing?
Emilokan
Re: Naira Declines Further Despite 46% Surge In Dollar Trading Volume by XerXers: 3:44pm On Nov 14, 2023
Before yoruba misadventures into national politics.

Re: Naira Declines Further Despite 46% Surge In Dollar Trading Volume by tonytony208(m): 4:48pm On Nov 14, 2023
nairavsdollars:
What are we producing?

Thanks for this question.

Let's just be deceiving ourselves

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