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CBN Sells $10,000 to BDCs at N1,101/$
Posted by Thandiubani on Mon 08th Apr, 2024 - tori.ngThe apex bank said it is set to sell $10,000 to each BDCs at N1101/$ and directed the operators to sell at a spread not more than 1.5 per cent above.
The Central Bank of Nigeria has sold dollars to Bureau De Change operators at N1101 to a dollar.
This was disclosed this in a circular uploaded to its website on Monday.
The apex bank said it is set to sell $10,000 to each BDCs at N1101/$ and directed the operators to sell at a spread not more than 1.5 per cent above the CBN rate.
Details later…
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