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Nairaland Forum / Nairaland / General / Business / Why Are Banks Charging Black Market Rates Now ?? (620 Views)
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Why Are Banks Charging Black Market Rates Now ?? by labi1977(m): 8:00pm On May 23, 2017 |
I was shocked to hear then confirm gtb is changing at 378/$ black market rate now !! Most other banks r doing similar. How can this b legal ? |
Re: Why Are Banks Charging Black Market Rates Now ?? by eezeribe(m): 10:35pm On May 23, 2017 |
Because they are part of the corrupt system 1 Like |
Re: Why Are Banks Charging Black Market Rates Now ?? by coolscott(m): 10:35pm On May 23, 2017 |
labi1977:You mean using the naira MasterCard? |
Re: Why Are Banks Charging Black Market Rates Now ?? by Connoisseur(m): 12:31am On May 24, 2017 |
It's called rate convergence. Exactly what the cbn hoped to achieve |
Re: Why Are Banks Charging Black Market Rates Now ?? by labi1977(m): 1:41am On May 24, 2017 |
coolscott: Yes, but all banks too Connoisseur: Y on earth wud it converge higher Dan official rate of 305, scam |
Re: Why Are Banks Charging Black Market Rates Now ?? by Connoisseur(m): 11:34am On May 24, 2017 |
labi1977: Gradual process |
Re: Why Are Banks Charging Black Market Rates Now ?? by jayjax(m): 11:52am On May 24, 2017 |
I'm still making transactions at the rate of #320/$..contact me to know how I do it |
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