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Nairaland Forum / Nairaland / General / Politics / Tinubu Threatens To Shock Naira Speculators With N500/$1 Exchange Rate (2191 Views)
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Re: Tinubu Threatens To Shock Naira Speculators With N500/$1 Exchange Rate by Iamanoited: 6:06pm On Jan 15 |
EXCELLENT. |
Re: Tinubu Threatens To Shock Naira Speculators With N500/$1 Exchange Rate by Iamanoited: 6:38pm On Jan 15 |
SIMPLE. ALL INFLOW OF FOREX MUST PASS THROUGH THE BANKS INTO OUR FOREIGN RESERVES AND ALL OUTFLOWS MUST BE MADE AGAINST PRESENTMENT OF IMPORT DOCUMENTS, CERTIFIED PROFORMA INVOICE OR ACTUAL INVOICE. ABOKI AND BUREAU DE CHANGE SHOULD BUY CHEAPER FROM INCOMING TRADERS AND SELL TO BANKS AT REGULATED OR TAGGED PRICE. THAT'S FOREIGN EXCHANGE CONTROL. |
Re: Tinubu Threatens To Shock Naira Speculators With N500/$1 Exchange Rate by Iamanoited: 6:39pm On Jan 15 |
SIMPLE. ALL INFLOW OF FOREX MUST PASS THROUGH THE BANKS INTO OUR FOREIGN RESERVES AND ALL OUTFLOWS MUST BE MADE AGAINST PRESENTMENT OF IMPORT DOCUMENTS, CERTIFIED PROFORMA INVOICE OR ACTUAL INVOICE. ABOKI AND BUREAU DE CHANGE SHOULD BUY CHEAPER FROM INCOMING TRADERS AND SELL TO BANKS AT REGULATED OR TAGGED PRICE. THAT'S FOREIGN EXCHANGE CONTROL. orisa37 |
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