CBN issues guidelines for $2.5bn currency swap with China – Vanguard News

[curator]

The Central Bank of Nigeria (CBN) said it will exchange N720 billion for 15 billion Chinese Renminbi (RMB) in three years under the $2.5 billion bilateral currency swap (BCS) with Peoples Bank of China (PBoC).

The apex bank disclosed this in the …



Read more via Vanguard News – https://ift.tt/2kX2iB6

Get more: Nigeria Business News