2012-07-04 | TED.FEM.FPC.GEN.01.017.2012

Foreign Exchange Cash Sales to Licensed Bureax de Change by the CBN

The Central Bank of Nigeria has revised the maximum amount of weekly foreign exchange cash sales to licensed Bureau De Change (BDCs) to $50,000 per week, effective Monday, July 9th, 2012. This supersedes the previous circular dated March 15, 2012. All authorized dealers and BDC operators must adhere to these changes.

Nigeria

Central Bank of Nigeria

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