Monday, March 27, 2017 12:03 PM/ CBN
CBN to sell FOREX to banks at N357/$1, while banks will sell to their customers at N360/$1 for invisibles (BTA, medicals, fees, etc)
CBN directs banks to post new rates in the banking halls of their branches immediately
CBN examiners to visit banks to ensure the new rates are implemented
CBN prohibits banks from selling #FOREX funds meant for invisibles to BDCs.