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Nairaland Forum / Nairaland / General / Business / Why Are Banks Charging Above Black Market Rates? (502 Views)
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Why Are Banks Charging Above Black Market Rates? by Metrofox(m): 3:28pm On May 26, 2017 |
26/5/2017 Access bank 1$=#385. €1=#421.9 Gtbank $1=#399-400 What exactly is going on? Is the cbn asleep or there's a cabal in the bank now extorting the public remember cbn sells to these guys at #305-$1 and they in turn sold at #325 until last week.. |
Re: Why Are Banks Charging Above Black Market Rates? by hisgrace090: 3:55pm On May 26, 2017 |
Because we are in Nigeria. |
Re: Why Are Banks Charging Above Black Market Rates? by Metrofox(m): 3:57pm On May 26, 2017 |
So commercial banks are allowed to conduct business without restrictions? |
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