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Nigerian, Chinese Central Banks Agree to Currency Swap The Central Bank of Nigeria (CBN) and Peoples Bank of China (PBoC) have agreed on a currency swap worth $2.5 billion to reduce their reliance on the U.S. dollar in bilateral trade. CBN Governor Godwin Emefiele led Nigerian officials, while the PBoC governor, Yi Gang, led the Chinese team to the ...
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FMO Pitches First Ever Honduran Currency-Linked Offshore Note FMO, in partnership with TCX (The CurrencyExchange Fund),has set a new milestone in frontier currency markets with the issue of the first everHonduras Lempira (HNL) linkednote in the off-shore market for a notional amount of USD 10 millionand with a maturity period of two years.The HNL issuance ...
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