Gist: CBN stops sale of forex to BDCs  (Read 466 times)

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CBN stops sale of forex to BDCs
by clowntom « on: January 12, 2016, 01:00:10 PM »




CBN stops sale of forex to BDCs

LAGOS — The Central Bank of Nigeria, CBN, has stopped, with immediate effect, the sale of foreign exchange, forex, to Bureaux de Change, BDCs, as part of measures to reduce the pressure on the nation’s foreign reserves.


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