China signs ¥15bn bilateral currency swap agreement with Nigeria

China signs ¥15bn bilateral currency swap agreement with Nigeria

China’s central bank on Thursday said it has signed a three-year bilateral currency swap agreement with Nigeria worth ¥15 billion ($2.36 billion).

The People’s Bank of China (PBOC) said on its website the swap deal will facilitate trade and investment, and safeguard stability of financial markets of both countries.

Agency Report

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