What impact will CBN’s directive for banks to sell $150,000 weekly to BDCs have on the naira?
by • 14d ago • 1 votes
CBN directs banks to sell $150,000 to BDCs weekly The Central Bank of Nigeria (CBN) has permitted licensed bureau de change (BDC) operators to access foreign exchange from the Nigerian Foreign Exchange Market (NFEM) through authorised dealer banks. CBN announced on Tuesday in a circular signed by Musa Narkoji, director of the...
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