JUST IN: CBN Crashes Dollar Further To N1,117.5/$ With Fresh FX Sales To BDCs

The Central Bank of Nigeria has again crashed the dollar to N1,117.5 with another sale of foreign currency (FX) to Bureau de Change dealers.

The bank on Monday announced another sale of FX to BDC at N1,101 per dollar and warned the beneficiaries not to sell above 1.5 per cent spread.