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CBN provides guidelines for Nigeria, China currency swap

Friday, 8 June 2018

/ by Fx

The Central Bank of Nigeria, CBN, yesterday, released guidelines for the Nigeria and China currency swap deal. DAILY POST had recently reported that Nigeria and China reached an agreement on Naira-Renminbi Currency Swap.  The agreement between the CBN and the People’s Bank of China (PBoC) is worth about $2.5billion. In local currencies, the swap is […]

CBN provides guidelines for Nigeria, China currency swap

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