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Topic: CBN Reviews Rates For BDCs To N360/$  (Read 1575 times)

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CBN Reviews Rates For BDCs To N360/$
« on: March 29, 2017, 07:00:56 am »
CBN Reviews Rates For BDCs To N360/$

Central Bank of Nigeria (CBN) on Tuesday, March 28, 2017 crashed the rate at which it sells forex to Bureaux De Change operators to N360/$1 and instructed the BDCs to sell to end users at a rate not more than N362 to the dollar. This is coming barely 24 hours after it pegged dollar sale...

Source: CBN Reviews Rates For BDCs To N360/$

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