I went to a BDC to buy dollar today and observed the BDC staff were monitoring the rates on Binance P2P website. The rate they sold me dollars was within a 2 Naira margin of the going rate on Binance P2P. I later went on Binace P2P and noticed that liquidity was very low on the platform. The Naira could lose N100 to USDT but trading volume within that period could be as low as $50,000. If Binance P2P is the de-facto indicator of dollar rate in the parallel market, I thing it is time for the CBN to intervene there.