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| Argentina central bank takes aim at currency with new rate hike By Hugh Bronstein, Walter Bianchi and Eliana Raszewski. BUENOS AIRES, May 3 (Reuters) - Argentina's central bank raised its benchmark interest rate by 300 basis points to 33.25 percent on Thursday, but the second steep rate increase in less than a week failed to stop the country's peso currency ...
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| CBN signs a N720 billion local currency swap agreement with China's Central Bank Nigeria is expanding its trade and investment relationship with China with a bilateral local currency swap deal worth 720 billion naira. But while this a positive development, it is not without some downsides. China's Central Bank, People's Bank of China (PBOC), said on Thursday it has signed a ...
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