For does in Nigeria, there has been an increase between the naira to dollar exchange rate, this has caused a lot of increase in the cost of purchasing goods. The cost of materials for production has also increased. Due to this a lot of businesses has doubled the prices of their services. Not to mention the fact that there is also an increase in the cost of petro. How are coping with the increase of price?
How are you coping with the current dollar to naira rate?
- Thread starter eldavis
- Start date
Aa a Nigerian, I focus more in earning dollars now than Naira. The value of Naira has been so bastardized that earning in naira doesn't make sense. It has affected businesses the most because they have to cope with low demand.
Almost all countries in the world suffer the high cost of commodities. In my country, our Ph peso also suffers the same in dollar rate that weakens our Ph money. Let's just do something that helps contribute our economic problems.
