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CBN adjusts naira to N380/$

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Central Bank of Nigeria (CBN) has ordered the bureaux de change operators in the country not to sell dollars higher than N380 to end users.

This is compared to the previous N360/$ exchange rate.

This is contained in a memo signed by O.S. Nnaji, director of the apex bank’s trade and exchange department.

The memo was issued to banks and bureau de change operators

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