{"id":42744,"date":"2024-07-20T07:00:06","date_gmt":"2024-07-20T07:00:06","guid":{"rendered":"https:\/\/nigerdeltanews.ng\/dollar-naira-exchange-cbn-sells-106-5m-to-authorized-dealers-bdcs-in-two-days\/"},"modified":"2024-07-20T07:00:06","modified_gmt":"2024-07-20T07:00:06","slug":"dollar-naira-exchange-cbn-sells-106-5m-to-authorized-dealers-bdcs-in-two-days","status":"publish","type":"post","link":"https:\/\/nigerdeltanews.ng\/dollar-naira-exchange-cbn-sells-106-5m-to-authorized-dealers-bdcs-in-two-days\/","title":{"rendered":"Dollar-Naira Exchange: CBN sells $106.5m to authorized dealers, BDCs in two days"},"content":{"rendered":"<div>\n<p>The Central Bank of Nigeria says it sold $106.5 million in Foreign currency to authorized dealers and legible Bureau De Change Operators on Thursday and Friday to boost FX supply at various segments of the market.<\/p>\n<p>CBN disclosed this in a statement on Friday signed by Omolara Duke.<\/p>\n<p>The apex said the transactions were on-the-spot FX sales made to dealers in the last 48 hours between N1,498.00 and N1,530.00 per dollar exchange rate amid FX demand pressure.<\/p>\n<p>CBN added that it bought $9.5 million from four authorized dealers in the period under review at N1,510.00 and N1,550.00 per dollar.<\/p>\n<p>\u201cOver the next few weeks, the CBN will continue to support various segments of the official markets with liquidity.<\/p>\n<p>\u201cIn line with the above, the CBN on Thursday, July 18 and Friday, July 19, 2024, sold a total sum of US$106,500,000.00 (One Hundred and Six Million and Five Hundred Thousand US Dollars Only) to 29 (Twenty-Nine) Authorized Dealer banks between an exchange rate range of N1,498.00\/US$1 to N1,530.00\/US$1.<\/p>\n<p>\u201cIn addition, it bought US$9,500,000 (Nine Million and Five Hundred Thousand Dollars) from 4 (Four) Authorized Dealer banks at rates between N1,510.00\/US$1 and N1,550.00\/US$1. The value date for all the transactions is July 19, 2024,\u201d it stated.<\/p>\n<p>Dollar-Naira Exchange: CBN sells $106.5m to authorized dealers, BDCs in two days<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Nigeria says it sold $106.5 million in Foreign currency to authorized dealers and legible Bureau De&hellip;<\/p>\n","protected":false},"author":1,"featured_media":42745,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4161,4274,21527,15],"tags":[21528,21529,11110,519,63,2027,16396,21059,1395,180,3342,833],"class_list":["post-42744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-cbn","category-dollar-naira-exchange","category-news","tag-106-5m","tag-authorized","tag-bdcs","tag-business","tag-cbn","tag-days","tag-dealers","tag-dollar-naira","tag-exchange","tag-news","tag-sells","tag-two"],"_links":{"self":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts\/42744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/comments?post=42744"}],"version-history":[{"count":0,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts\/42744\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/media\/42745"}],"wp:attachment":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/media?parent=42744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/categories?post=42744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/tags?post=42744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}