News

The Naira-Yuan currency swap deal between the federal government of Nigeria and the Chinese government seems to be ...
The National President of the Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadabe, has said that the naira’s recent strength against the dollar is linked to renewed trust in ...
The naira continued its upward trend on Tuesday, appreciating in both official and unofficial foreign exchange (FX) markets ...
A Treasury official will call for greater transparency over emergency currency “swap” loans to struggling countries by China’s central bank.
But Russia's central bank is advising lenders to limit yuan-denominated loans. The Russian central bank said currency swaps are a short-term, not a long-term solution to yuan supply.
By using cross-currency swaps to convert dollar interest payments to euro interest payments, companies can shave nearly 200 basis points off their interest costs, which could run up to millions of ...
In April, Argentina renewed a $5 billion currency swap line with China despite objections by the United States. Latin American countries stand to gain as China orients away from U.S. agricultural ...
The central banks of South Korea and Switzerland have agreed on an $11 billion currency-swap deal, which financial authorities in Seoul praised as helping bolster “a safety net” against any ...
Brazil's central bank said on Wednesday it would hold auctions starting on April 28 to roll over $18.4 billion in traditional currency swaps expiring on June 2.