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| Azerbaijani Central Bank sees 18% growth in currency reserves By Trend. Currency reserves of the Central Bank of Azerbaijan (CBA) amounted to $5,465.8 billion in April 2018, which is $846.5 million (18.3 percent) more than in the same period last year, according to statistical data posted on the CBA website. During the month, CBA reserves rose by $42.2 million.
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| Currency Swap Between the PBoC and the CBN: Matters Arising, By Uddin Ifeanyi A currency swap involves the exchange of principal and interest in one currency for principal and interest in another. Simple. Except that in this case, agreeing on the swap has taken an overtly long time. Nonetheless, on the back of news reports last week, that the People's Bank of China (PBoC) and the ...
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