
Central Bank of Nigeria
Development in the Foreign Exchange Market; Review of Weekly Foreign Exchange Cash Sales to Bureau De Change (BDC) Operators
- Author
- Central Bank of Nigeria
- Reference No.
- TED/FEM/FPC/GEN/011003
- Year
- 2018
- Pages
- 2 pages
This circular increases foreign exchange cash sales to licensed Bureau de Change operators to three times weekly on Mondays, Wednesdays, and Fridays, with corresponding naira funding required on specified days. It also confirms that authorised dealers may sell foreign currency over the counter for travel-related…