Currency swaps silently set the stage for a lot of economic activity worldwide. According to the latest reliable data, global daily currency swaps in 2022 was about $400 billion, around 5% of the ...

The Naira-Yuan currency swap deal between the federal government of Nigeria and the Chinese government seems to be ...

This shift follows the Nigeria-China bilateral currency swap agreement signed in December 2024, worth N3.28 trillion (15 ...

China's central bank has renewed its currency swap agreements with the European Central Bank, Switzerland, and Hungary. These extensions, aimed at strengthening financial cooperation, extend the deals ...

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 National President of the Association of Bureau De Change Operators, ABCON, Aminu Gwadabe, has explained that the naira ...

BEIJING, Nov 20 (Reuters) - The People's Bank of China and the Saudi Central Bank recently signed a local currency swap agreement worth 50 billion yuan ($6.93 billion) or 26 billion Saudi riyals ...