Yes. Get best rate for the Dollar available. Subsidise "necessary imports" by eliminating/reducing their import dutyhttps://twitter.com/markessien/status/701511298752847872 …
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@OoTheNigerian It won't do that. There is a 'natural value' for currencies. To push past that, you need to be using 'force'
@markessien demand will keep increasing. With the oil price and without FDI where will you get the dollar to sell if everyone holds?
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@OoTheNigerian Those trading holds only when people are speculating. Won't stay. Naira cannot float. Needs a counter-weight to traders -
@markessien why do you accept 400 is the true value. would you sell all your dollars at the current rate? - 1 more reply
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