Rule · CBN · 21 Mar 2024 · TED/DIR/CON/GOM/001/073

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

fx
monetary

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.

NigeriaCentral Bank of Nigeria

More like this from CBN

We email you every new CBN publication the day it's published.

Source: Central Bank of Nigeria — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

In RegAlert: added · updated

FX rules change often. Get an email the day any regulator we track changes its foreign-exchange rules.