Naira may hit new low as CBN halts dollar sales to BDCs
By The foreign exchange (FX) market and stakeholders were thrown into shock as the Central Bank of Nigeria (CBN) on Tuesday discontinued the sale of FX to Bureau De Change (BDC) operators, a development that may see the naira hit a new low against the dollar. Godwin Emefiele, governor, CBN, announced this after the two-day Monetary…
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