CBN commits 18m Chinese Yuan to Letters of Credit

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By Collins Nweze. The Central Bank of Nigeria (CBN) has committed 18 million Chinese Yuan to Renminbi-denominated Letters of Credit needed by importers. The fund went through the spot and short-tenored forwards segment of the inter-bank foreign ...

from Google Alert - Business https://ift.tt/39jBm5w
By Collins Nweze. The Central Bank of Nigeria (CBN) has committed 18 million Chinese Yuan to Renminbi-denominated Letters of Credit needed by importers. The fund went through the spot and short-tenored forwards segment of the inter-bank foreign ... https://ift.tt/eA8V8J

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