See more as BDC operators gives CBN solution as dollar rises against naira in all FX markets

• ABCON has urged the CBN to continue dollar sales to BDCs to sustain naira stability in the FX market
• The BDCs association body believes that the CBN working with registered BDC operators will prevent forex market distortions
• Nigerian currency has crashed against the US dollar in the official and also in the parallel forex market

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

The Association of Bureau De Change Operators of Nigeria (ABCON) has called on the Central Bank of Nigeria (CBN) to maintain its current policy of selling dollars to Bureaux De Change (BDCs).

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