
Central Bank of Nigeria
Review of Weekly Foreign Exchange Cash Sales to Bureau De Change (BDC) Operators
- Author
- Central Bank of Nigeria
- Reference No.
- TED/FEM/FPC/GEN/01/003
- Year
- 2015
- Pages
- 2 pages
The Central Bank of Nigeria increased weekly foreign exchange cash sales to each bureau de change operator from $15,000 to $30,000 effective January 28, 2015. It required sales to occur at the prevailing interbank rate, capped bureau de change customer pricing at 3.5% above the…