Trump’s Dedollarization Warning Falls Flat as Nigeria, China Renew $2 Billion Currency Swap Deal

December 28, 2024

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China and Nigeria have renewed a $2 billion currency swap arrangement for another three years. Trump Tariff Threat China and Nigeria have agreed to renew a $2 billion currency swap arrangement, initially signed in 2018. The arrangement reportedly aims to strengthen financial cooperation between the two countries and expand the use of their respective currencies. […]

2024-12-28 18:30:52

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