Unification of FX Official & Parallel/BDC Rate: Amazing Feat By CBN - Business

Unification of FX Official & Parallel/BDC Rate: Amazing Feat By CBN - Business - Nairaland

Nairaland Forum › Nairaland General › Business › Unification of FX Official & Parallel/BDC Rate: Amazing Feat By CBN (241 Views)

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Unification of FX Official & Parallel/BDC Rate: Amazing Feat By CBN by commoditiesnig(op): 3:06pm On Apr 18, 2024*

One must commend the CBN for the amazing feat for Unification of both the official and parallel FX rate.

For the first time in close to two decades, the Official USD rate is higher than the Parralel/BDC rate.. I'm not sure i even remember when last this ever happened.

Kudos to the CBN led by mr Cardozo on this great feat. They should keep the momentum going.

Re: Unification of FX Official & Parallel/BDC Rate: Amazing Feat By CBN by commoditiesnig(op): 3:08pm On Apr 18, 2024

With Dangote already on stream and other big players I'm sure prices will go down this 2nd Quater

Re: Unification of FX Official & Parallel/BDC Rate: Amazing Feat By CBN by Nobody: 3:13pm On Apr 18, 2024

Lol

Re: Unification of FX Official & Parallel/BDC Rate: Amazing Feat By CBN by commoditiesnig(op): 3:40pm On Apr 18, 2024

ClearFlair:
Lol

Una don come o.. bad belle people 😂

Re: Unification of FX Official & Parallel/BDC Rate: Amazing Feat By CBN by Nobody: 7:01pm On Apr 18, 2024

commoditiesnig:
Una don come o.. bad belle people 😂

Better face reality. There's a reason why things have been the way they are for many years

Re: Unification of FX Official & Parallel/BDC Rate: Amazing Feat By CBN by commoditiesnig(op): 11:46am On Apr 19, 2024

ClearFlair:
Better face reality. There's a reason why things have been the way they are for many years

I don't understand your comment.

I can't remember when FX official and "black market" rate had ever been at par..

We must commend the CBN and FG for this great feat.

1 Reply

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