Investors
were generally disappointed with the US interest rate rise from the Fed, and
the Dollar index dropped in the aftermath. This was mostly because the US
interest rate increase was already priced into market expectations a long time
ago, however, confidence in the Dollar weakened when it was indicated that the
Federal Reserve were not planning to raise US interest rates four times this
year. A hint from Federal Reserve Chair Powell that four US interest rate
increases were possible for 2018 was required to support Dollar buying
momentum.
For as
long as the Fed expectations are priced into the market, and investors were
already largely expecting three US interest rate rises in 2018, there is no
reason to be concerned over what impact a US interest rate rise will have on
the Nigerian Naira.
Hmmm!!! Folks, have you ever
imagined how the financial status of your firm will be when more than 20,000
CEOs and other key decision makers of blue-chip corporations pay for your
products and services or even give you very juicy deals. The link below will
tell you more: http://www.tectono-business.com/2015/07/tectono-business-review-in-conjunction_21.html
Have you heard this? Many
Nigerian exporters have been defrauded of huge amount of money in the process
of exporting commodities to foreign countries. Do you know why? They were not
trained on export operations, management, documentations and the best methods
of payment in export trade. This is terrible!!! Nigerians cannot continue to
lose money to foreigners in the course of export business. Exporters, why don’t
you get a practical manual that teaches the stages of export trade from
processing and packaging of commodities to receipt of payment by the foreign
buyers. It teaches export operations, export management, export documentations
and methods of payment in export trade? It is a contemporary step-by-step guide
to export trade. It tells all the contemporary dynamics in export trade. To get
it, click on the link below:
http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html
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