Bolivia’s government has stepped up efforts to break a prolonged wave of anti-government demonstrations, with …
Read More »CBN intervenes in forex market, announces sale of dollars to BDCs
In an effort to stabilize the Nigerian naira, the Central Bank of Nigeria (CBN) has announced the sale of dollars to Bureau De Change (BDC) operators. The move comes after the naira suffered a significant drop in value on the official and parallel markets, depreciating to around 1,670/$ on Friday. According to a statement signed by the Acting Director of …
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