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Central Bank of Nigeria

Development in the Foreign Exchange Market; Review of Weekly Foreign Exchange Cash Sales to Bureau De Change (BDC) Operators

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Author
Central Bank of Nigeria
Reference No.
TED/FEM/FPC/GEN/011003
Year
2018
Pages
2 pages

This circular increases foreign exchange cash sales to licensed Bureau de Change operators to three times weekly on Mondays, Wednesdays, and Fridays, with corresponding naira funding required on specified days. It also confirms that authorised dealers may sell foreign currency over the counter for travel-related…

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