UBA: Ban on Bureau de Change Operators to cause 30-60 day inflation

Traders at UBA say they expect the Central Bank of Nigeria's discontinued allocation of foreign exchange to Bureau de Change Operators and some teething issues with the banks' supply chain FX to cause some inflation in the next 30 to 60 days. Bankole Odusanya, Head of Fixed Income Trading at UBA joins CNBC Africa for more.
Wed, 28 Jul 2021 14:25:50 GMT
Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.