EXCLUSIVE: CBN To Resume $20,000 Weekly Dollar Intervention To BDCs On Monday, Abandons Willing Buyer, Willing Seller Policy

Following pressure on the naira, the Central Bank of Nigeria (CBN) will resume its weekly dollar intervention to qualified Bureau de Change Operators (BDCs). This time, the apex bank will give BDCs about $20,000 per week, THE WHISTLER can exclusively report.

THE WHISTLER learnt from a reliable document that the intervention will be done through bank accounts of qualified BDCs and they are to sell electronically to customers in need of BTA/PTA and also in cash.

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