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Nigeria, China Currency Swap Forces USD Rate Down: Bureau De Change Association - Business (6) - Nairaland

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Re: Nigeria, China Currency Swap Forces USD Rate Down: Bureau De Change Association by 19naia(m): 2:03pm On Apr 19, 2016
And the plot could thicken. Not to mention military tensions between china and quite a few top economy nations.


http://www.bloomberg.com/news/articles/2016-04-18/it-s-all-suddenly-going-wrong-in-china-s-3-trillion-bond-market
Re: Nigeria, China Currency Swap Forces USD Rate Down: Bureau De Change Association by Almajiri1: 7:00am On Jul 24, 2016
bump
Re: Nigeria, China Currency Swap Forces USD Rate Down: Bureau De Change Association by ThundrCork(m): 8:40am On Jul 24, 2016
ChoCandyDiamond:
This wont work, it will surely backfire because Yuan is not a stable currency like dollar, some people will get their fingers burnt at the end of the day, even China have the biggest dollar reserve in world with US

Is dollar not burning fingers already?

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