The Central Bank of Nigeria said it will start auctioning the Chinese Yuan within the next month at an exchange rate to be set via book building.
Statement from the Apex Bank revealed that this will reduce its reliance on the U.S. Dollar for imports from Asia.
The Central Bank of Nigeria last month signed a $2.5 billion currency swap agreement with the People’s Bank of China to facilitate trade and enhance foreign reserve management. y
The Central Bank of Nigeria said it will start auctioning the Chinese Yuan within the next month at an exchange rate to be set via book building.
Statement from the Apex Bank revealed that this will reduce its reliance on the U.S. Dollar for imports from Asia.
The Central Bank of Nigeria last month signed a $2.5 billion currency swap agreement with the People’s Bank of China to facilitate trade and enhance foreign reserve management. y
The Central Bank of Nigeria said it will start auctioning the Chinese Yuan within the next month at an exchange rate to be set via book building.
Statement from the Apex Bank revealed that this will reduce its reliance on the U.S. Dollar for imports from Asia.
The Central Bank of Nigeria last month signed a $2.5 billion currency swap agreement with the People’s Bank of China to facilitate trade and enhance foreign reserve management. y
The Central Bank of Nigeria said it will start auctioning the Chinese Yuan within the next month at an exchange rate to be set via book building.
Statement from the Apex Bank revealed that this will reduce its reliance on the U.S. Dollar for imports from Asia.
The Central Bank of Nigeria last month signed a $2.5 billion currency swap agreement with the People’s Bank of China to facilitate trade and enhance foreign reserve management. y
The Central Bank of Nigeria said it will start auctioning the Chinese Yuan within the next month at an exchange rate to be set via book building.
Statement from the Apex Bank revealed that this will reduce its reliance on the U.S. Dollar for imports from Asia.
The Central Bank of Nigeria last month signed a $2.5 billion currency swap agreement with the People’s Bank of China to facilitate trade and enhance foreign reserve management. y
The Central Bank of Nigeria said it will start auctioning the Chinese Yuan within the next month at an exchange rate to be set via book building.
Statement from the Apex Bank revealed that this will reduce its reliance on the U.S. Dollar for imports from Asia.
The Central Bank of Nigeria last month signed a $2.5 billion currency swap agreement with the People’s Bank of China to facilitate trade and enhance foreign reserve management. y
The Central Bank of Nigeria said it will start auctioning the Chinese Yuan within the next month at an exchange rate to be set via book building.
Statement from the Apex Bank revealed that this will reduce its reliance on the U.S. Dollar for imports from Asia.
The Central Bank of Nigeria last month signed a $2.5 billion currency swap agreement with the People’s Bank of China to facilitate trade and enhance foreign reserve management. y
The Central Bank of Nigeria said it will start auctioning the Chinese Yuan within the next month at an exchange rate to be set via book building.
Statement from the Apex Bank revealed that this will reduce its reliance on the U.S. Dollar for imports from Asia.
The Central Bank of Nigeria last month signed a $2.5 billion currency swap agreement with the People’s Bank of China to facilitate trade and enhance foreign reserve management. y
Related posts:
CBN to auction Yuan
CBN woos Nigerians to Use Chinese Yuan for imports
CBN auctions first Chinese Yuan worth N3.6 Billion
CBN pumps $337m, Chinese Yuan into FOREX market
2023 polls: INEC to commence weekly media progress briefings
CBN woos importers on the use of the Yuan
CBN injects $325 million, 14 million yuan into currency market
CBN injects $325.5m, 14m yuan into Forex market
