CBN Grants Banks Freedom To Trade Forex At Any Rate - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › CBN Grants Banks Freedom To Trade Forex At Any Rate (1256 Views)
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| CBN Grants Banks Freedom To Trade Forex At Any Rate by Ebubu2(op): 12:38pm On Jun 14, 2023 |
The Central Bank of Nigeria has allowed commercial banks to freely trade foreign exchange at any rate.https://dailypost.ng/2023/06/14/cbn-grants-banks-freedom-to-trade-forex-at-any-rate/ 1 Like 1 Share
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| Re: CBN Grants Banks Freedom To Trade Forex At Any Rate by Ebubu2(op): 12:38pm On Jun 14, 2023 |
Tinubu has unified the exchange rate guys 3 Likes 2 Shares |
| Re: CBN Grants Banks Freedom To Trade Forex At Any Rate by LordIsaac(m): 12:38pm On Jun 14, 2023 |
Hmmmm 1 Like |
| Re: CBN Grants Banks Freedom To Trade Forex At Any Rate by Ebubu2(op): 12:39pm On Jun 14, 2023 |
You can go and get dollars at your bank now. Black market will no longer be the only marketers. Banks have been directed to supply dollars to everybody. Difference will be highest 4 naira with black market 3 Likes |
| Re: CBN Grants Banks Freedom To Trade Forex At Any Rate by mibapen: 12:39pm On Jun 14, 2023 |
We are watching closely |
| Re: CBN Grants Banks Freedom To Trade Forex At Any Rate by Ebubu2(op): 12:39pm On Jun 14, 2023 |
Tinubu is coming for everybody More forex accessibility now 2 Likes |
| Re: CBN Grants Banks Freedom To Trade Forex At Any Rate by Blackstan: 12:39pm On Jun 14, 2023 |
So what does that mean now.. pls someone explain 1 Like |
| Re: CBN Grants Banks Freedom To Trade Forex At Any Rate by mibapen: 12:39pm On Jun 14, 2023 |
| Re: CBN Grants Banks Freedom To Trade Forex At Any Rate by tommy589(m): 12:40pm On Jun 14, 2023*. Modified: 1:03pm On Jun 14, 2023 |
Nice one. This is ending banks round tripping after getting at lower CBN rate What you buy is what you sell,no more insider connection to trade in dollar.So,those banks with poor dollar withdrawal services from foreign remittances needs to upgrade now or customers take their businesses elsewhere 2 Likes |
| Re: CBN Grants Banks Freedom To Trade Forex At Any Rate by budaatum: 12:40pm On Jun 14, 2023 |
Ebubu2:He is amazing obidient me! 3 Likes |
| Re: CBN Grants Banks Freedom To Trade Forex At Any Rate by Ebubu2(op): 12:41pm On Jun 14, 2023 |
Fuel subsidy gone University subsidy gone Forex rates unified Electricity generation handed to states and individuals If Tinubu contests again he’ll win with over 15 million margin Pray for Tinubu guys Nigeria economy will be lyk Lagos booming economy 5 Likes 1 Share |
| Re: CBN Grants Banks Freedom To Trade Forex At Any Rate by Ebubu2(op): 12:41pm On Jun 14, 2023 |
This is how you hit the ground running 2 Likes |
| Re: CBN Grants Banks Freedom To Trade Forex At Any Rate by Sablexxxtoons: 12:42pm On Jun 14, 2023 |
Jagabaaan!!! 1 Like |
| Re: CBN Grants Banks Freedom To Trade Forex At Any Rate by vowiski(m): 12:42pm On Jun 14, 2023 |
Wow, That means our cards will start to work for international transactions. The mandate thief doing everything to make us forget he stole our mandate but we will never be moved ..  1 Like |
| Re: CBN Grants Banks Freedom To Trade Forex At Any Rate by Ebubu2(op): 12:42pm On Jun 14, 2023 |
budaatum:He is very experienced. I don’t know how someone who boosted Lagos economy from about 400 million to over 60 billion doesn’t trust the man 3 Likes |
| Re: CBN Grants Banks Freedom To Trade Forex At Any Rate by Ebubu2(op): 12:43pm On Jun 14, 2023 |
I love Tinubu 2 Likes |
| Re: CBN Grants Banks Freedom To Trade Forex At Any Rate by 9jatriot(m): 12:43pm On Jun 14, 2023 |
I am not even sure the man hit the ground before he started running. Almost as if the run starting in the air. Ebubu2: 6 Likes 1 Share |
| Re: CBN Grants Banks Freedom To Trade Forex At Any Rate by forgiveness: 12:43pm On Jun 14, 2023 |
Hmmm |
| Re: CBN Grants Banks Freedom To Trade Forex At Any Rate by vowiski(m): 12:44pm On Jun 14, 2023 |
Ebubu2:And where did the take the remaining 120 billion to ? To his pocket |
| Re: CBN Grants Banks Freedom To Trade Forex At Any Rate by Ebubu2(op): 12:44pm On Jun 14, 2023 |
9jatriot:he’s a patriot 1 Like |
| Re: CBN Grants Banks Freedom To Trade Forex At Any Rate by citygarden(m): 12:47pm On Jun 14, 2023 |
Wow, wonderful. The nonsense emefele policy affect we that buy goods from abroad. The price you get goods will be calculated by 430 by you end spend 760 on exchange. If a goods is 1m naira, you will end up spending over 2m to purchase it at 1m naira. It kill business 1 Like |
| Re: CBN Grants Banks Freedom To Trade Forex At Any Rate by saintopus(m): 1:03pm On Jun 14, 2023 |
So the Naira will certainly stabilize @ a specific rate 1 Like |
| Re: CBN Grants Banks Freedom To Trade Forex At Any Rate by Mynd44(mod): 1:11pm On Jun 14, 2023 |
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