Thursday 19 January 2017

Naira appreciates as CBN sells dollars to BDCs

Image result for naira and dollar
The Central Bank of Nigeria (CBN), Wednesday, commenced sale of dollars to bureaux de changes (BDCs) prompting the naira to appreciate to N490 per dollar, from N497 earlier this week, in the parallel market.


 President, Association of Bureaux De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, who confirmed this development to Vanguard said that BDCs in the North West and North Central zones received dollars from the CBN.

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