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Forex volatility: BDC operators reveal over 90% of dollar liquidity is off the books

Bureau De Change (BDC) operators have insisted that there is an extremely large amount of foreign exchange liquidity in the system that is unaccounted for.


They, however, called for a cohesive strategy between the Central Bank of Nigeria (CBN) and the BDC operators to tap into this opportunity.


The licensed currency traders said that apart from collaborating with the apex bank, they are always ready to share skills and techniques to make the retail end of the forex market better.

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