How Does High Exchange Rate Affect You?

December 20, 2023

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Questions And Answers › Category: General › How Does High Exchange Rate Affect You?

adejw Staff asked 10 months ago

We have seen how Naira has been fallen drastically against Dollar and Pounds in recent months and the effects on masses as we have seen has not been palatable. But the truth is that while it is affecting some people negatively, some are going to the bank happy. I need to know, how does it affect you personally, probably you may tell us how it affects your job or business and your family's economy.

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newman answered 10 months ago

Omo, the thing no dey ok for business o as all the stuffs wey we dey take £700 buy two years ago we now have to use £1500 buy them. It has increased the cost of my goods and services and caused dwindled income every month