China’s central banker says yuan level ‘appropriate’, trade tensions risk to global economy
China’s top central banker said on Saturday that potential escalation of trade tensions and policy uncertainty were the major risk factors facing the world economy, and market forces were keeping…
Nigeria auctions Chinese currency in first yuan sale -traders
The Central Bank of Nigeria sold yuan at a range of 49-51 naira at its first auction of the Chinese currency last week, traders said on Monday. The auction, which…
Prices of goods may drop as CBN begins sale of Chinese Yuan
The Central Bank of Nigeria (CBN) on Friday launched the sale of foreign exchange in Chinese Yuan (CNY) signalling the consummation of the Nigeria-China Currency Swap Agreement. The CBN acting…