CBN extended its clearance for BDCs to purchase FX from authorized dealers in order to meet the demand of the retail sector for qualified invisible transactions.

Ghana's local currency, the cedi, has experienced marginal gains against major trading currencies, especially the dollar, at some forex bureaus. The Central Bank, in its daily update, noted that ...

each week for their forex procurement. The Central Bank of Nigeria (CBN) has unveiled new regulations restricting Bureau de Change (BDC) operators to sourcing a maximum of $25,000 in foreign ...