Wednesday 19 December 2018
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- 5 month ago

CBN directs banks to bid for Chinese yuan

‘Ifeanyi Onuba and Feyisayo Popoola The Central Bank of Nigeria on Friday commenced its intervention in the sale of foreign exchange in the Chinese yYuan. This signalled the implementation of the Bilateral Currency Swap Agreement signed by the CBN with the People’s Bank of China on April 27, 2018. The apex bank explained in a [ ]

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