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Nigeria's central bank allows BDCs weekly $150K forex sales to boost market liquidity and stabilize the currency.
The Central Bank of Nigeria (CBN) has approved weekly foreign exchange sales of $150,000 to Bureau De Change (BDC) operators to improve liquidity in the foreign exchange market.
The directive requires commercial banks to facilitate these weekly sales, aiming to stabilize the currency and support the flow of dollars for legitimate transactions.
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El banco central de Nigeria permite a los BDCs ventas semanales de divisas por $ 150K para aumentar la liquidez del mercado y estabilizar la moneda.