BDCs to sell dollars to end users at N392

BDCs to sell dollars to end users at N392


Dollars

In a move to unify the exchange rates as recommended by the International Monetary Fund (IMF), Nigeria’s Central Bank at the weekend adjusted the rates by N6 across foreign exchange market segments. Effective November 30, 2020, the CBN will be selling dollars to Bureau De Change (BDC) operators at N390 and the BDCs are expected…

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