Post
Topic
Board Nigeria (Naija)
Merits 2 from 1 user
Topic OP
Drop your predictions for the value of Naira against dollar?
by
Rruchi man
on 16/02/2024, 21:50:15 UTC
⭐ Merited by CryptopreneurBrainboss (2)
I am not here to discuss the economic hardship that our failing naira is putting on the citizens of the country, I am sure the matter is already discussed in some other threads. I am here to discuss the projections for our naira against the dollar.

In our wildest imaginations, we never would have imagined a time where One dollar will be the equivalent of N1,600 of our naira.

N1,500 was almost seen as the height it will get to, but now we are approaching N2,000 a dollar, and I also do not think that it will be the stop, In maybe the second quarter of the year, I predict one dollar to be almost the equivalent of N2,500 because our government seems to be clueless on what to do. It was not even this bad under the PMB administration.

What are your predictions?

What economic policy do you think can be utilized by the government to stop this trend?