CBN HAS APPROVED FIXED RATE OF FOREIGN EXCHANGE TO ELIGIBLE BUREAU DE CHANGE OPERATORS
The Central Bank of Nigeria (CBN) says it has approved the sale of foreign exchange (FX) to eligible Bureau de Change (BDC) operators at one thousand four hundred and fifty Naira to a dollar. The apex bank said the sum of twenty thousand dollars is to be sold to each BDC at the rate of one thousand four hundred and fifty Naira to a dollar representing the lower band of the trading rate at NAFEM in the previous trading day. […]