Naira Rises To N389/$ As Banks Buy 29% Of CBN’s Dollar Offer

As a result the parallel market exchange rate dropped from N391 per dollar to N389 per dollar. Confirming this to Vanguard, President, Association of Bureaux De Change Operators of Nigeria (ABCON), Alhaji Gwadabe said that BDCs have already paid to purchase another $20,000 from the CBN which would be delivered today, expressing optimism that the … Continue reading Naira Rises To N389/$ As Banks Buy 29% Of CBN’s Dollar Offer

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