2024-03-21 | TED/DIR/CON/GOM/001/073

Sales of FX to BDCs to Meet Retail Market Demand for Eligible Invisible Transactions

The Central Bank of Nigeria informs the Association of Bureau De Change Operators of Nigeria of the sale of $10,000 by the Central Bank of Nigeria to BDCs at the rate of N1101/$1. The BDCs are to sell to eligible end users at a spread of not more than 1.5 percent above the purchase price.

Nigeria

Central Bank of Nigeria

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