The naira continued its downward trend after exchanging to the dollar at 980/$ at the parallel market on Wednesday. Bureau de Change operators who spoke to The PUNCH attributed the fall to scarcity of foreign currency. A BDC operator, Idris Musa, said, “We bought and sold the naira today at 965/$ and 980/$. The dollar is not even available.”Another BDC operator, Yusuf Kareem, said, “The dollar was sold for 980 today. The Association of Bureaux De Change Operators of Nigeria, recently, urged the Central Bank of Nigeria to grant Bureaux De Change operators digital autonomy to achieve exchange rate convergence.

Source: Punch September 21, 2023 19:06 UTC