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Breaking: Again, CBN Sells $10,000 To BDCs At N1,101/$

<p>The Central Bank of Nigeria (CBN) announced on Monday that it had sold dollars to Bureau De Change operators. Naija News reports that CBN disclosed this in a circular uploaded to its website on Monday. The apex bank said it is set to sell $10,000 to each BDC at N1101/$ and directed the operators to […]</p> <p>The post <a href="https://www.naijanews.com/2024/04/08/breaking-again-cbn-sells-10000-to-bdcs-at-n1101/">Breaking: Again, CBN Sells $10,000 To BDCs At N1,101/$</a> appeared first on <a href="https://www.naijanews.com">Naija News</a>.</p>

mingooland
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The Central Bank of Nigeria (CBN) announced on Monday that it had sold dollars to Bureau De Change operators.

Naija News reports that CBN disclosed this in a circular uploaded to its website on Monday.

The apex bank said it is set to sell $10,000 to each BDC at N1101/$ and directed the operators to sell at a spread not more than 1.5 percent above the CBN rate.

More details later…

The post Breaking: Again, CBN Sells $10,000 To BDCs At N1,101/$ appeared first on Naija News.

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