BDC Operators Urge CBN To Lower Exchange Rate Amid Rising Disparities - Business - Nairaland
Nairaland Forum / Nairaland / General / Business / BDC Operators Urge CBN To Lower Exchange Rate Amid Rising Disparities (106 Views)
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| BDC Operators Urge CBN To Lower Exchange Rate Amid Rising Disparities by Mateco556: 9:59am On Apr 08 |
The Association of Bureaux De Change Operators of Nigeria (ABCON) has called on the Central Bank of Nigeria (CBN) to reconsider and decrease its applicable exchange rate, currently set at N1,251/$, citing concerns over growing disparities in the forex market. In a letter addressed to the Director of the CBN’s Trade & Exchange Department, ABCON National President, Aminu Gwadabe, emphasized the need for a downward adjustment in the exchange rate to align with prevailing market rates... https://ratecaptain.com/bdc-operators-urge-cbn-to-lower-exchange-rate-amid-rising-disparities/ |
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