Tag: yuan
FG plans on yuan forces dollar rate down – Gwadabe
The President, Association of Bureau De Change Operators of Nigeria, Mr Aminu Gwadabe said the Federal Government’s plan to increase…
Nigeria/China Forex Deal: An aide or a bondage?
By Maxwell Adeyemi Adeleye In the words of Tomi Adetomiwa (2016), development is a culture and not a product. We…
LCCI commends FG on yuan pact
The Lagos Chamber of Commerce and Industry (LCCI) has lauded the Federal Government for signing an agreement with China to…
China: CBN, ICBC agree deal on yuan
Industrial and Commercial Bank of China Ltd (ICBC) , the world’s biggest lender, and Nigeria’s central bank on Tuesday signed…
US Treasury: China does not manipulate yuan
The US Treasury said Tuesday that China cannot be ruled a manipulator of its currency despite the yuan’s sharp slide…
Goodbye dollar as China, Japan swap currency
China and Japan started direct currency trading on Friday as Beijing marked another stage on its journey to foster the…