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BDC Ban Sees Headway As Forex Demand Migrates To Banks – CBN

Admin4 years ago03 mins

Deposit money banks have witnessed an increase in foreign exchange demand due to the central bank’s ban of forex sale to Bureaux De Change (BDCs). This was disclosed by CBN deputy governor, Adamu Edward Lametek in his statement at the last Monetary Policy  meeting. He stated that the naira exchange rate has remained stable since…

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