Forex: CBN sells $122.67m to 46 authorised dealers

The Central Bank of Nigeria (CBN) has sold $122.67 million to 46 authorised Bureau De Change (BDC) dealers in the country.

This was in line with the apex bank’s determination to promote stability and reduce market volatility in the foreign exchange market.

The CBN Director in charge of Financial Markets, Dr. Omolara Duke, disclosed this in a statement on Friday in Abuja.