CBN moves to ensure FX market not dependent on intervention – Official
The CBN plans to improve supply organically without its intervention from time to time while maintaining balance in the market.
Tag: Acting Director of the Trade and Exchange Department
![The Central Bank of Nigeria, CBN. [PHOTO CREDIT: Ehud Kaduna]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2022/01/20200913_161409-scaled-e1652250793565.jpg?resize=350%2C250&ssl=1)
CBN sells dollars to BDCs at N1,580/$1
The CBN instructed each BDC to sell the dollars to eligible customers at a rate not exceeding 1 per cent ...