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 $8.1 ...

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

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 ...

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

Russian banks are urging the country's central bank to boost yuan liquidity amid shortages. But Russia's central bank is advising lenders to limit yuan-denominated loans. The Russian central bank said ...

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, both ...

LONDON, Nov 30 (IFR) - Credit Suisse and Deutsche Bank have completed the first cross-currency basis swap on LCH’s SwapAgent platform for uncleared derivatives trades. Sign up here. Through SwapAgent, ...