CBN Initiates Sale of Dollars to BDCs at N1,101, Boosting Naira Appreciation
The Central Bank of Nigeria has initiated another round of dollar sales to Bureau De Change Operators in a bid to further strengthen Naira's value in the foreign exchange market. As part of the initiative, the apex bank has commenced the sale of $10,000 FX to each eligible Bureau De Change at a rate of N1,101 per dollar. The Central Bank specified that all Bureau De Change operators are permitted […]
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