Circular authorising FX sale to BDCs fake – CBN

The Central Bank of Nigeria (CBN) on Tuesday dismissed a circular authorising sales of foreign exchange (FX) to Bureau De Change (BDC) operators in the country. The controversial circular, dated 10 December, suggested that the CBN would sell $20,000 to each BDC to meet the demand for invisible transactions, at a rate of N1.301/$. It […]

The post Circular authorising FX sale to BDCs fake – CBN appeared first on Premium Times Nigeria.

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