CBN slashes BDC exchange rate to N1, 036.3/$


by Vanguard News

Vanguard News— The Central Bank of Nigeria, CBN, yesterday for the second time in two months, slashed the exchange rate in the Bureaux De Change, BDC, segment of the forex market by 7.2 per cent or N81.2 to N1,036.3 per dollar even as it commenced another round of dollar sale to 1,583 eligible BDCs.

SempreMilancom—Player Ratings: AC Milan 3-3 Genoa – Tomori disasterclass; veteran steps up. AC Milan were held to a 3-3 draw against Genoa on Sunday evening after a poor defensive display, dropping points yet again. There were a few culprits and below are the player ratings for the Rossoneri.

The Telegraph—Understanding the indirect effects of exchange rates. Indirect impacts of exchange rate movements can affect everything from business liquidity to holiday money.

Honolulu Star-Advertiser—State unemployment rate steady at 3.1% in March. Hawaii’s seasonally adjusted unemployment rate held steady at 3.1% in March to match the previous month, according to recent data from the state Department of Business, Economic Development and Tourism.