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Nairaland Forum / Nairaland / General / Business / CBN Approves $10k Per Week FX Sale To Bdc’s (15186 Views)
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CBN Approves $10k Per Week FX Sale To Bdc’s by Adesiji77: 1:21pm On Mar 31, 2017 |
Nairametrics| The Central Bank of Nigeria (CBN) has slightly modified its forex operations with Bureau de Change (BDCs) operators in the country. According to Reuters, the CBN claims that the modifications are geared towards ensuring forex availability in the market.http://nairametrics.com/cbn-approves-10k-per-week-fx-sale-to-bdcs/
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Re: CBN Approves $10k Per Week FX Sale To Bdc’s by veekid(m): 1:25pm On Mar 31, 2017 |
Buhari sef 2 Likes |
Re: CBN Approves $10k Per Week FX Sale To Bdc’s by dappyboy: 1:26pm On Mar 31, 2017 |
Hmmmmmm. I hope it works 1 Like |
Re: CBN Approves $10k Per Week FX Sale To Bdc’s by Epositive(m): 1:26pm On Mar 31, 2017 |
when will naira equals dollar? ![]() 3 Likes 1 Share |
Re: CBN Approves $10k Per Week FX Sale To Bdc’s by lastmaster(m): 1:26pm On Mar 31, 2017 |
ok |
Re: CBN Approves $10k Per Week FX Sale To Bdc’s by eminikansoso(m): 1:27pm On Mar 31, 2017 |
By fixing the rate for BDCs to sell to the public is good but CBN should allow the market forces to determine the price and CBN should continue with supplying of the dollar 3 Likes |
Re: CBN Approves $10k Per Week FX Sale To Bdc’s by beejaybig: 1:27pm On Mar 31, 2017 |
ok |
Re: CBN Approves $10k Per Week FX Sale To Bdc’s by ademusiwa3r: 1:27pm On Mar 31, 2017 |
That small. |
Re: CBN Approves $10k Per Week FX Sale To Bdc’s by Ppresh2017(f): 1:27pm On Mar 31, 2017 |
For your extra source of income in Bitcoin dollars see signature 1 Like |
Re: CBN Approves $10k Per Week FX Sale To Bdc’s by obembet(f): 1:28pm On Mar 31, 2017 |
Chai see comments, am sure many of us no read the story, just headline 3 Likes |
Re: CBN Approves $10k Per Week FX Sale To Bdc’s by Nobody: 1:28pm On Mar 31, 2017 |
Only country in the world where FX rates are regulated by wasting more money to stabilize instead of altering economic policies and dynamics that established BDCs in the first place. Kick all BDCs out of business and allow banks handle banking. But they won't do this, because the BDCs are owned by surrogates of Federal Politicians. The wise will continue to impoverish the foolish. 28 Likes |
Re: CBN Approves $10k Per Week FX Sale To Bdc’s by Ekakamba: 1:28pm On Mar 31, 2017 |
Absolute ........ ![]()
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Re: CBN Approves $10k Per Week FX Sale To Bdc’s by willian10: 1:28pm On Mar 31, 2017 |
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Re: CBN Approves $10k Per Week FX Sale To Bdc’s by erico2k2(m): 1:29pm On Mar 31, 2017 |
Adesiji77:And there goes a country . Ni wonder the POUND gained N20 today to make it N4 60. |
Re: CBN Approves $10k Per Week FX Sale To Bdc’s by felixomor: 1:30pm On Mar 31, 2017 |
Trying to open another doorgate... Bdc matter will not allow u pple to rest from.... Soon parallel dollar rate will go up again.... 1 Like |
Re: CBN Approves $10k Per Week FX Sale To Bdc’s by tabuski(m): 1:30pm On Mar 31, 2017 |
Na dem dem 1 Like
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Re: CBN Approves $10k Per Week FX Sale To Bdc’s by erico2k2(m): 1:30pm On Mar 31, 2017 |
Billyonaire:I don't think that is wise.BDC have thier own role to play |
Re: CBN Approves $10k Per Week FX Sale To Bdc’s by fuckyoumhen: 1:31pm On Mar 31, 2017 |
Billyonaire:@ the bolded, you've said it all. BDC IS FUCKINGSHIT! |
Re: CBN Approves $10k Per Week FX Sale To Bdc’s by erico2k2(m): 1:31pm On Mar 31, 2017 |
felixomor:It's up already it has gone up two times already b4 12 noon today . I got alert from my agent two times . 3 Likes |
Re: CBN Approves $10k Per Week FX Sale To Bdc’s by AntiWailer: 1:32pm On Mar 31, 2017 |
eminikansoso: Greed is not helping market force. |
Re: CBN Approves $10k Per Week FX Sale To Bdc’s by darfay: 1:32pm On Mar 31, 2017 |
R |
Re: CBN Approves $10k Per Week FX Sale To Bdc’s by darfay: 1:32pm On Mar 31, 2017 |
veekid: Buhari matter no go kill this dude |
Re: CBN Approves $10k Per Week FX Sale To Bdc’s by Nobody: 1:33pm On Mar 31, 2017 |
Ok |
Re: CBN Approves $10k Per Week FX Sale To Bdc’s by Nwodosis(m): 1:33pm On Mar 31, 2017 |
Government of trial and error! |
Re: CBN Approves $10k Per Week FX Sale To Bdc’s by donziller(m): 1:34pm On Mar 31, 2017 |
hope it work |
Re: CBN Approves $10k Per Week FX Sale To Bdc’s by DollarAngel(m): 1:35pm On Mar 31, 2017 |
Billyonaire: O boy you wan render Abokis jobless, omo na to increase boko haram population ooooo |
Re: CBN Approves $10k Per Week FX Sale To Bdc’s by MrGreenMavro: 1:36pm On Mar 31, 2017 |
![]() CBN just dy gamble with this FX price, Now the odd of naira coming down dy very low ![]() ![]() 1 Like
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Re: CBN Approves $10k Per Week FX Sale To Bdc’s by dfrost: 1:36pm On Mar 31, 2017 |
eminikansoso: My exact thoughts. Market forces will eventually solve this dollar issue. Well since those of us that didn't study Economics are not literate enough, they should continue. What are we exporting to boost our foreign reserves? What happens when CBN runs out of forex? Someone is certainly not asking questions. It's all about short term gains. We are watching. 1 Like |
Re: CBN Approves $10k Per Week FX Sale To Bdc’s by Nobody: 1:39pm On Mar 31, 2017 |
erico2k2: How many Economic Modules have you studied ? And which countries are Case Studies of your research. I am doing extensive work on this, and there is no country in this world where BDCs were not introduced for the sole purpose of round tripping, Auntie Sandy, Ponzi schemes and Fraud by the owners of the countries. There is so much money in this country outside of the banking sector that must always been washed and cleaned and recycled, then flown in private jets to safe heavens. There is no role that the BDCs play, that banks can not and has not been playing. It is all fraud by the owners of the country who sit in their poolside to buy dollars at cheap prices and sell them at high prices, while you ignorant people work 9-5 daily without meeting your ever increasing needs. Keep supporting them instead of joining the fraud or fighting against it. 8 Likes |
Re: CBN Approves $10k Per Week FX Sale To Bdc’s by richard870(m): 1:41pm On Mar 31, 2017 |
I have never seen an institution this clueless.... dollar increase to begin soon |
Re: CBN Approves $10k Per Week FX Sale To Bdc’s by morereb10: 1:42pm On Mar 31, 2017 |
Chai What wrong with the clueless government? Are we moving forward or backwards? Just 10k for a week Chineke mere umugi ebere |
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