CBN Crashes Dollar To N1,269/$ At Black Market With $10,000 Sale To BDCs

The Central Bank of Nigeria has crashed the price of the dollar to N1,269 with the sale of $10,000 to all qualified Bureau De Change Operators.

The CBN, in a circular referenced TED/DIR/CON/GOM/001/072, said it would be selling $10,000 to qualified BDC operators at the rate of N1,251 per dollar.