The Naira weakens further, exchanged rate at N257 per one Dollar at the parallel marke t as at Thursday, December 10. The Naira has been losing value against the greenback since last Wednesday
when the Central Bank of Nigeria stopped the sale of foreign exchange to
some Bureaux de Change operators who didn’t provide returns on the
utilisation of previous forex purchases.
The exclusion continued on Wednesday and has been creating shortage of dollars, which is causing the greenback to rise at the parallel market. The president, Association of Bureau De Change Operators, Mr. Aminu Gwadabe, said it’s in contact with CBN to resolve the issue.
The exclusion continued on Wednesday and has been creating shortage of dollars, which is causing the greenback to rise at the parallel market. The president, Association of Bureau De Change Operators, Mr. Aminu Gwadabe, said it’s in contact with CBN to resolve the issue.
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