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China and Nigeria Renew Bilateral Currency Swap Agreement to Strengthen Financial Cooperation

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/china-and-nigeria-renew-bilateral-currency-swap-agreement-to-strengthen-financial-cooperation/China’s central bank, the People’s Bank of China (PBOC), announced on Friday that it has renewed a bilateral currency swap agreement with the Central Bank of Nigeria. The renewed deal, valued at 15 billion yuan (approximately 2.09 billion U.S. dollars or 3.28 trillion Nigerian naira), is set to last for three years, with the possibility […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/china-and-nigeria-renew-bilateral-currency-swap-agreement-to-strengthen-financial-cooperation/


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