CBN says no.
Ogas @DoubleEph and @nonso2, what stops the creation of a P2P parallel $-₦ market? No cross border transfers. Match importers with remitters
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How can CBN control it? It is done everyday. "Pay me Naira in Nigeria,n account; I'll pay you dollars in US account"
@nonso2 - 4 more replies
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It's tricky. If you don't bring your forex in through official rates, you can't get to buy at official
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You are not buying or selling. You are merely matching buyers with sellers. Both chose rate they want @drewfhinshaw
@nonso2 - 5 more replies
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I think the bitchiness pass-through would add an extra layer of complexity in this case...
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