The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day. The central ...

The Chinese economy has struggled during 2024 with a further major hangover from a collapse ... There will be strong temptation within Beijing to use devaluation as a weapon which could lead to global ...

According to the Head of Research of the Center, Mr. Eugene Nweke, the $2 billion currency swap deal has the potential to enhance trade and investment between Nigeria and China, with trade between ...

The PUNCH reported last week that China and Nigeria renewed a 15 billion yuan ($2bn) currency-swap agreement aimed at enhancing trade and investment between the two nations.

The Sea Empowerment Research Centre has warned that the recently signed $2bn Nigeria, China currency swap deal may mar Nigeria’s active participation in the African Continental Free Trade Area ...

Brendan Ahern, chief investment officer at KraneShares, appears on Market Domination to discuss his bullish outlook on Chinese tech stocks like Trip.com (TCOM) Alibaba (BABA), JD.com (JD ...

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China’s central bank has renewed a three-year N3.28 trillion currency swap agreement with Nigeria to boost bilateral trade relations. China’s central bank on Friday, revealed that it has renewed a ...

China has built or expanded more than 200 specialized detention facilities nationwide to interrogate suspects ensnared in Xi Jinping’s widening anti-corruption drive, a CNN investigation has ...

China and Nigeria have renewed a 15 billion yuan ($2bn) currency-swap agreement aimed at enhancing trade and investment between the two nations. The arrangement is expected to bolster financial ...

As part of moves to strengthen cooperation and promote bilateral trade and investment between their countries, Nigeria and China have renewed their currency swap agreement worth 15 billion Yuan ($ ...

China’s central bank on Friday said that it has renewed a bilateral currency swap agreement with the Central Bank of Nigeria. The total value of the agreement is 15 billion yuan (about 2.09 ...