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Experts: What $2.5bn China currency swap means to Nigeria Financial experts across the country have welcomed the $2.5billion currency swap curdeal signed by the Central Bank of Nigeria (CBN) and the People's Bank of China (PBoc.) The deal, which is aimed at enhancing foreign reserve management and facilitating trade between the two countries, was ... CBN signs $2.5b currency swap agreement with People's Bank of China - BusinessDay (satire) (press release) (blog)
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Leveraging on tobacco for currency stability It is quite concerning that, given the abundance of natural resources commanded to her care by God, Zimbabwe continues to face currency instability. Persistence Gwanyanya,Economist. With the recent opening of the tobacco selling season, one is naturally tempted to reflect on whether the country is ...
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Angola's currency continues to depreciate against the euro Angola's currency, the kwanza, lost 0.757% of its value against the euro on Wednesday in a currency auction in which the National Bank of Angola (BNA) sold 25.0 million euros to pay for the import of cargo transport and passenger transport vehicles, according to official information. The session ended ...
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