Monday, April 6

Dollar to sell at 380/Dollars-CBN

The CBN governor Godwin Emefiele in a communique to all banks and Bureau De Change on Friday, advised that the BDC to end-user sales of the Dollar should not be more than N380/1USD.


This is the highest official exchange rate between the dollar and naira in over two years suggesting a devaluation might be in the pipeline, Channels news reports.

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