The Naira raced to N2,000 per dollar at the black market on Saturday despite the Central Bank of Nigeria’s sale of dollars to the Bureau De Change operators.
A BDC operator, Dayyabu Ashiru
confirmed to HERALDVIEWS that Naira was exchanged for N1,670 per dollar on
Saturday from the N1665 exchange rate last Friday.
“We buy at N1665 per dollar and
sell at N1670”, he said.
HERALDVIEWS recalls that the
apex bank announced that it sold $20,000 each to legible BDC operators at N1580
per dollar rate last week.
Meanwhile, the appreciated last
Friday at the official market to close the week at N1593.32 per dollar exchange
rate.
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