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Nigeria U-turns on BDCs, Sells Dollars Again to Tame FX Market

fx, bureau-de-change, liquidity, central-bank, statistics, tagged-by-joe, managing-nigeria, monetary-fiscal-policy, regulation

SecGen 2 March 2024 17:10 1

TechCabal – 27 Feb 24

Nigeria U-turns on BDCs, Sells Dollars Again to Tame FX Market

Nigeria’s Central Bank will sell dollars to BDCs at N1,301 per dollar in its latest effort to improve liquidity in the FX market.

Est. reading time: 2 minutes

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