Central Bank of Nigeria
Sales of Foreign Exchange to BDCs to Meet Retail Market Demand for Eligible Invisible Transactions (2024)
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- Author
- Central Bank of Nigeria
- Reference No.
- TED/FEM/PUB/FPC/001/028
- 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 USD 20,000 at N1,590 per dollar and resell to eligible end-users at a margin not exceeding one…
