Liquidity boost to BDCs narrows exchange rate gap, says Gwadabe

« previous next »

Pages: [1] Go Down

Topic: Liquidity boost to BDCs narrows exchange rate gap, says Gwadabe (Read 1552 times)

0 Members and 1 Guest are viewing this topic.

Liquidity boost to BDCs narrows exchange rate gap, says Gwadabe

« on: April 18, 2017, 07:01:16 pm »

Liquidity boost to BDCs narrows exchange rate gap, says Gwadabe

Alhaji Aminu Gwadabe, the President of Association of Bureau De Change Operators of Nigeria (ABCON), says lower exchange rate gap is due to liquidity boost to the BDCs sector. Gwadabe told the News Agency of Nigeria (NAN) on Tuesday in Lagos that the increase in the weekly volume of foreign exchange offered to BDCs hadRead More

The post Liquidity boost to BDCs narrows exchange rate gap, says Gwadabe appeared first on The Nation Nigeria.

Source: Liquidity boost to BDCs narrows exchange rate gap, says Gwadabe

-------
post from thenationonlineng.net

The story behind the headline — analyzed by 10 AI models, updated 4x daily. → drux.space/hub

Logged

Pages: [1] Go Up

« previous next »

Related Topics

Subject / Started by	Replies	Last post
Study recommends floating exchange rate for Naira Started by clowntom Newspaper Board	0 Replies 1771 Views	May 11, 2015, 01:01:19 am by clowntom
FG plans on yuan forces dollar rate down – Gwadabe Started by olutee Newspaper Board	0 Replies 1713 Views	April 18, 2016, 07:00:17 am by olutee
Interbank rate rises as excess liquidity persists Started by olutee Newspaper Board	0 Replies 1653 Views	June 13, 2016, 01:00:29 am by olutee
Obama hails exchange rate flexibility at talks with Buhari Started by thenation Newspaper Board	0 Replies 1349 Views	September 21, 2016, 01:01:18 pm by thenation
Chike-Obi Suggests Special Fund to Boost Capital Market Liquidity Started by thisday Newspaper Board	0 Replies 1920 Views	October 04, 2016, 01:00:51 pm by thisday
Exchange rate as of today October 4th Started by linda TV/Celebrity Events/Fashion	0 Replies 1628 Views	October 05, 2016, 01:00:25 am by linda
List of 195 suspended BDCs on the foreign exchange market Started by clowntom Newspaper Board	0 Replies 2343 Views	October 13, 2016, 01:00:53 am by clowntom
CBN tightens liquidity, as interbank lending rate multiplies Started by olutee Newspaper Board	0 Replies 1377 Views	August 05, 2017, 07:02:00 pm by olutee
CBN mandates BDCs to access foreign exchange window thrice weekly Started by olutee Newspaper Board	0 Replies 1309 Views	May 28, 2018, 01:24:01 am by olutee
We'll raise $10bn to stabilise naira, boost FX liquidity– Tinubu Started by flukky-1 Newspaper Board	0 Replies 821 Views	February 21, 2024, 07:00:08 pm by flukky-1