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CBN Resumes Sales of Dollars to Bureau De Change

CBN Resumes Sales of Dollars to Bureau De
Change
8/05/2016


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The Central Bank of Nigeria resumes dollar
sales to bureaux de change today, seven
months after it stopped the practice.
Last January because of what it called
dollar scarcity and abuse of operating
guidelines.
President, Association of Bureau de Change
Operators of Nigeria Aminu Gwadabe, said
nearly 3, 000 BDCN are expected to access
the dollar today.
Meanwhile, the naira plunged to N400
against the dollar at the parallel market on
Thursday as shortage of foreign exchange
continued to have negative effects on
economic activities in the country.

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CBN Resumes Sales of Dollars to Bureau De Change

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