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Sales of foreign exchange to BDCs to meet retail market demand for eligible invisible transactions – CBN

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The Central Bank of Nigeria (CBN) have approved the sales of FX to eligible Bureau De Change (BDCs) to meet the demand for invisible transctions.

Central Bank of Nigeria (CBN)
Central Bank of Nigeria (CBN)

“The sum of $20,000 is to be sold to each BDC at the rate of ₦1,450/$”, as disclosed via a statement by the Nigerian Apex Bank.

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Central Bank of Nigeria (CBN)

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