
Central Bank of Nigeria
Sales of Foreign Exchange to BDCs to Meet Retail Market Demand for Eligible Invisible Transactions (2024)
- Author
- Central Bank of Nigeria
- Year
- 2024
- Pages
- 2 pages
The Central Bank of Nigeria announces additional foreign exchange liquidity for eligible bureau de change operators to meet retail demand for invisible transactions. Each eligible BDC may purchase $20,000 at N1,590 per dollar and resell to eligible end-users at a margin not exceeding one percent…