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Successful Convergence of FX Official & Parallel/BDC Rate: Amazing Feat By CBN - Business - Nairaland

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Successful Convergence of FX Official & Parallel/BDC Rate: Amazing Feat By CBN by commoditiesnig: 3:06pm On Apr 18
One must commend the CBN for the amazing feat of convergence of both the official and parallel FX rate.

For the first time in close to two decades, the Official USD rate is higher than the Parralel/BDC rate.. I'm not sure i even remember when last this ever happened.

Kudos to the CBN led by mr Cardozo on this great feat. They should keep the momentum going.
Re: Successful Convergence of FX Official & Parallel/BDC Rate: Amazing Feat By CBN by commoditiesnig: 3:08pm On Apr 18
With Dangote already on stream and other big players I'm sure prices will go down this 2nd Quater
Re: Successful Convergence of FX Official & Parallel/BDC Rate: Amazing Feat By CBN by ClearFlair: 3:13pm On Apr 18
Lol
Re: Successful Convergence of FX Official & Parallel/BDC Rate: Amazing Feat By CBN by commoditiesnig: 3:40pm On Apr 18
ClearFlair:
Lol
Una don come o.. bad belle people 😂
Re: Successful Convergence of FX Official & Parallel/BDC Rate: Amazing Feat By CBN by ClearFlair: 7:01pm On Apr 18
commoditiesnig:

Una don come o.. bad belle people 😂

Better face reality. There's a reason why things have been the way they are for many years
Re: Successful Convergence of FX Official & Parallel/BDC Rate: Amazing Feat By CBN by commoditiesnig: 11:46am On Apr 19
ClearFlair:


Better face reality. There's a reason why things have been the way they are for many years
I don't understand your comment.

I can't remember when FX official and "black market" rate had ever been at par..

We must commend the CBN and FG for this great feat.

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