Markets

BDCs want CBN to review exchange rate band

by HOPE MOSES-ASHIKE

May 16, 2018 | 4:54 pm
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Bureau De Change (BDC) operators have called on the Central Bank of Nigeria (CBN) to review the exchange rate band at which Bureaux de Change (BDCs) buy dollars to align with commercial banks’ buying rate. BDCs buy dollars from International Money Transfer Operators (IMTOs) as directed by the CBN at N360/$ and sell at N361.5/$…

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by HOPE MOSES-ASHIKE

May 16, 2018 | 4:54 pm
  |     |     |   Start Conversation

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