Exchange rate: Forex traders say Chinese traders now collecting naira instead of dollars
Forex traders have attributed the recent exchange rate stability to the success of Nigeria’s currency swap agreement with Chinese traders ...
Tag: Yuan
IMF says Russia held nearly a third of the world’s yuan reserves by December 2021
Russia held nearly a third of the world’s renminbi (Yuan) in reserves by December 2021 amid the decline of the ...
Chinese yuan plunges amid fears of Covid
As the Covid outbreak extends to Beijing, the yuan fell to its lowest level in a year, with the central ...
China debuts blockchain-based digital yuan salary payments
China has successfully launched blockchain-enabled salary payments with digital yuan at Xiong’an.
Dollar gains against major currencies
U.S dollar stood firm against major currencies on Monday as fears over rising tensions between America and China over Beijing's ...
U.S dollar drops against major currencies, tension rises between America and China
The U.S. Dollar Index that tracks the American dollar against a basket of other major currencies dropped 0.10% to trade at 100.338
CBN auctions first ever Naira to Yuan currency sale
CBN has started the trading of Yuan for the first time.
