CBN smashes dollar to N360. 


The Central bank of Nigeria has instructed all banks to immediately resume the sale of FOREX for PTA, BTA, medical and tuition fees to customers at the rate of N360/$. 

The apex bank disclosed that it will also be selling to banks at the rate of N357/$. 

The banks are to display the new rate in their banking halls in all branches. 

CBN also disclosed that interrogators will be going round all banks to make sure the new rate is being implemented. 

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