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CBN Accuses Bdcs Of Engaging In Round-tripping Activities - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / CBN Accuses Bdcs Of Engaging In Round-tripping Activities (210 Views)

CBN Lifts Ban On BDCs, Introduces New Operational Mechanism / FX Arbitrage Widens To ₦‎206/$1 Enabling Round-Tripping, CBN Vows Crack Down / Naira Falls After CBN Stops Forex Sales To BDCs (2) (3) (4)

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CBN Accuses Bdcs Of Engaging In Round-tripping Activities by Stephenzzz: 3:56pm On Sep 08, 2023
The Central Bank of Nigeria (CBN) is taking steps to modernize Bureau de Change (BDC) operations and enhance transparency while clamping down on illicit practices in the foreign exchange market. This announcement was made by the CBN Deputy Governor, Folashodun Shonubi, during a recent address.

Shonubi emphasized the need for .........

https://ratecaptain.com/cbn-accuses-bdcs-of-engaging-in-round-tripping-activities/

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