CBN Boosts Forex Market With Sale Of $10,000 To BDCs
The Central Bank of Nigeria (CBN) has initiated the sale of $10,000 to Bureau De Change (BDC) operators, offering them direct access to US dollars at a discounted rate of N1, 021 per dollar. The move, aimed at bolstering the foreign exchange market and stabilising the naira against the dollar signifies the second such sale …
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