Saturday, June 9, 2018

China/Nigeria Currency Swap Deal

Ventures published on 8 June 2018 an article titled "How Much Does the Chinese Currency Sale Improve the Nigeria-China Trade Imbalance?" by Feranmi Akeredolu.

The Central Bank of Nigeria and People's Bank of China recently signed a Naira/RMB currency swap agreement. It is not clear if the swap deal will have any significant positive impact on Nigeria's large trade deficit with China.

No comments:

Post a Comment