President, Association of Bureau De Change Operators of Nigeria, ABCON, Aminu Gwadabe, had on Friday, advised currency hoarders and speculators against continued hoarding of forex to also curb market volatility.
The ABCON boss said that the resumption in the sale of forex to BDCs and the transparency in the sale would lead to drastic reduction in gap between the official rate and the parallel market rate.
Gwadabe further advised Nigerians to avail themselves of the services of BDCs as they were sure to buy forex at controlled CBN rate.
