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Nairaland Forum / Nairaland / General / Business / CBN Resumes Forex Sale To Bdcs At N1,021/$ (70 Views)
CBN Sells Fresh Dollars To Bdcs At N1,021/$ / Fake News Alert: CBN Denies Selling FX To BDCs At ₦1,001/$1 / Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs (2) (3) (4)
CBN Resumes Forex Sale To Bdcs At N1,021/$ by abujamal: 1:44pm On Apr 23 |
The Central Bank of Nigeria has resumed the sale of foreign exchange to Bureau De Change operators. In this latest move, the apex bank is selling to them at an exchange rate of N1,021 per dollar. Additionally, the CBN has directed BDCs to limit their sales to an amount not exceeding 1.5 per cent above the purchase price. This information was disclosed in a circular uploaded to the CBN’s website on Tuesday. |
Re: CBN Resumes Forex Sale To Bdcs At N1,021/$ by Nbotee(m): 1:55pm On Apr 23 |
Lol... So meaning the CBN are the ones subsidising the dollar to keep it down. They stopped and dollar jumped to over 1200 |
Re: CBN Resumes Forex Sale To Bdcs At N1,021/$ by lazkizz(m): 2:10pm On Apr 23 |
Berra days ahead |
Re: CBN Resumes Forex Sale To Bdcs At N1,021/$ by nawaforyouo: 2:23pm On Apr 23 |
Nbotee: exactly. Right no it no longer has effect. Circular was released yesterday... The rate increased even higher today !
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