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CBN flags off SMIS in Chinese Yuan

Forex: CBN injects $317.52m, CNY 58.40m into retail SMIS


The Central Bank of Nigeria (CBN) weekend flagged off its intervention in the sale of foreign exchange in Chinese Yuan (CNY), signaling the consummation of the Bilateral Currency Swap Agreement (BCSA) recently signed with the People’s Bank of China (PBoC).

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