CBN sells $20,000 to each BDC at N1,450/$ for invisible transactions

Tribune OnlineCBN sells $20,000 to each BDC at N1,450/$ for invisible transactionsThe Central Bank of Nigeria (CBN) has approved the sales of foreign exchange (FX) to eligible Bureau De Change (BDCs) to meet the demand for invisible transactions. The sum of $20,000 is to be sold to each BDC at the rate of N1,450/$ (representing the lower band of the trading rate at NAFEM in the []CBN sells $20,000 to each BDC at N1,450/$ for invisible transactionsTribune Online
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