Nigeria's Journey into More Flexible Exchange Rates: February 2024 Update
In a series of regulatory adjustments, the Central Bank of Nigeria (CBN) has implemented changes aimed at fostering a more flexible foreign exchange market. This article provides an overview of these updates, marking a continuous effort by the CBN to address liquidity, transparency, and market efficiency. Bel...
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Bangladeshi Government's Incentive on Incoming Remittances and Its Impact on End Users
The Bangladeshi government has introduced a 2.5% incentive to boost the inflow of remittances through legal channels. This initiative, effective since early 2022, is directed at Bangladeshi citizens living abroad, encouraging them to send money back home through formal routes. The incentive is credited to the recipients either as cash or into their bank accounts.
Key Aspects of the Inc...
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Nigeria's Forex Regulations: What to Pay Attention
Oya, make we yan about Naija forex rules! Whether you dey send money go Nigeria or bring am come out, this guide go show you wetin you need sabi about the CBN forex regulations wey dey shape our market today and for future. Are you...
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Key Updates to Pakistan's Forex Regulations: 2020 and 2023
"Pakistan mein paisay bhejne hain? 2020 aur 2023 ke forex qawaaneen ke baray mein jaan lein. Aapki raqam ki safe transfer ke liye zaroori maloomat." Sending money to Pakistan? It's important to know about the forex regulation changes in 2020 and the latest updates in 2023 to avoid surprises.
The 2020 Forex Regulation Changes:
- Deposit Restrictions: The government ...
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Sending Money to Brazil: New FX Regulations and Modernisation
Quer enviar dinheiro para casa no Brasil? Nós temos você coberto. Confira em Sendrater! As recentes mudanças nas leis de câmbio (FX) do Brasil tornaram o envio de dinheiro internacionalmente mais simples e eficiente. Seja apoiando a família ou realizando transações comerciais, entender essas mudanças é essencial. Brazil has recently transformed its foreign exchange (FX) laws, improvi...
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