Fukafuka:

It's like you can see something abi?
Nice one

can't wait for it

FriendNG:


https://www.premiumtimesng.com/business/271756-cbn-issues-guidelines-for-china-nigeria-currency-swap-deal.html

Mynd44 Lalasticlala

Has the new rate been declared?

Lol well that 1 too na history

Fukafuka:
.... I wan be the First to SWAP currency for Naija history naa !

Rickyuzzy:


Can you just make a comment without making a fool of yourself, even your grammar construct is appalling. You just brandish your illiteracy majestically. sorry for you

clown you think usa will fold their hands and watch like mumu? I pity ur boyfriend

Redoil:
clown you think usa will fold their hands and watch like mumu? I pity ur boyfriend

Wetin concern Conference call and regular call?who wan put USA enter conference call
Lawa u oo

Redoil:
Lies and too much placebos are becoming too much in this buhary govt.
How long will this buhary govt takes us for granted by pouring poo on the poor masses
If you think the usa will allow their currency to be jettison in favour of chinko currency then you are the dullest and dumbest of all dullard in the whole world.

Bigoted Igbotic ochereome nnanna Buhari hypertension will not kill you. I am certain you see Buhari for your dream this morning lmao.

This unsophisticated Igbotic jerk won’t die over Buhari palaver. I no sure say your brain can survive the Buhari tumor till 2023 o.

Na make God help u remain.

Are we looking at X2 of the current rate of the Naira purchasing power against the rmb at least if this is finalised?

Someone should enlighten us pls .Thanks

Redoil:
Lies and too much placebos are becoming too much in this buhary govt.
How long will this buhary govt takes us for granted by pouring poo on the poor masses
If you think the usa will allow their currency to be jettison in favour of chinko currency then you are the dullest and dumbest of all dullard in the whole world.

Common gerrout .... heartless, unenlightened and unpatriotic citizen that doesn't know what is good for his countrymen. Real Ngidbo brothers are jubilating and celebrating this development and you are here advocating hate because of your yeye IIIPOOP or IIIPOB i don't care. Better commot from that your illusionist dream & leave in true reality.

Atleast u will have a title for your name

Fukafuka:
.... I wan be the First to SWAP currency for Naija history naa !

Alvan ikoku? Is he related to the real alvan ikoku?

In countries run by humans deal like this is sure a solution for the too much pressure on the dollar and other foreign currencies. But here I bet you the reverse will be the case. Watch it work for a few months and evil cabals will hijack the deal to their evil, heartless greedy selfish gains.

Nigeria should be very careful though. Chinese don't do business they don't benefit much from. also not forgetting that they are very intelligent and smart.

..

olametrix:


Atleast u will have a title for your name

Apelex:


What does your buying on aliexpress have to do with a countries currency swap ??

Do you know what a currency swap is

A currency swap is just a hedge exposure to reduce the cost of borrowing from a foreign country

Goes beyond that bro

decatalyst:
Can't wait to start buying all my stuff from aliexpress rather than those American sites




Will soon be feeling like a boss

Total African demand is insignificant

I hope you know this


It's when markets like Europe, the middle and far east shift focus that it will be worrisome

But Africa; D

Fukafuka:

this must be Zimbabwe lol

asuustrike2009:
To hell with USA

so hilarious

Can some, for my sake, simplify what all these mean? Cos i don't understand a bit of all those English oo

hmm

Ugosample:





so hilarious

>

Ugosample:


Total African demand is insignificant

I hope you know this


It's when markets like Europe, the middle and far east shift focus that it will be worrisome

But Africa; D

Europeans were the first to hold renminbi reserves after IMF adopted the currency as one of its reserve currencies in 2016. However, US dollar still remained the world's most dominant currency with two-thirds of the world's $6.9 trillion foreign reserves in US dollar.

Renminbi reserves is the lowest among IMF's basket of currencies, slightly above 1 percent, and will remain low for a while. Mainly because of People's Bank of China's intermittent currency manipulation that over time has eroded profits. Even, Chinese sellers prefer the US dollar to their own currency to curb currency fluctuations.

China needs more than just global trades to push Renminbi, 'Effective and transparent economic policy without regular currency devaluation to aid exports.' The currency swap ($2b) is good for Nigeria but it holds no meaning for over $11 trillion economy.

It is well.....

Meanwhile , you can buy your cheap data @olatech digi solutions.

MTN 1gb #580
Glo 2gb #950
Call/whatsapp 08038830470
Thanks

Fake naria from China loading 101

It is china ohh.. They own the world... Na them oh.. The feed America every second

decatalyst:
Can't wait to start buying all my stuff from aliexpress rather than those American sites




Will soon be feeling like a boss

It's always sweet on paper but watch how they will muddle up its implementation.

agarawu23:
this is Nigeria

An "ordinary" Nigeria cant have access to it as usual. If u think u will be getting RMB from them to buy your petty petty goods on Aliexpress, u are joking.

But why not Na? this is painful.

decatalyst:
Can't wait to start buying all my stuff from aliexpress rather than those American sites




Will soon be feeling like a boss

Like you know what's on my mind.

Truth234:


Europeans were the first to hold renminbi reserves after IMF adopted the currency as one of its reserve currencies in 2016. However, US dollar still remained the world's most dominant currency with two-thirds of the world's $6.9 trillion foreign reserves in US dollar.

Renminbi reserves is the lowest among IMF's basket of currencies, slightly above 1 percent, and will remain low for a while. Mainly because of People's Bank of China's intermittent currency manipulation that over time has eroded profits. Even, Chinese sellers prefer the US dollar to their own currency to curb currency fluctuations.

China needs more than just global trades to push Renminbi, 'Effective and transparent economic policy without regular currency devaluation to aid exports.' The currency swap ($2b) is good for Nigeria but it holds no meaning for over $11 trillion economy.

yea true


even China kerps dollar reserves


China has more work to do, but currency manipulations is one of the reasons why they are well positioned for global trade.

If they become more straightforward with that, they may lose their trade advantage.

So these things have ups and downs

KIDfurniture:
It is china ohh.. They own the world... Na them oh.. The feed America every second

China feeds America?


Wetin man no go see for nairaland

Ugosample:



yea true


even China kerps dollar reserves


China has more work to do, but currency manipulations is one of the reasons why they are well positioned for global trade.

If they become more straightforward with that, they may lose their trade advantage.

So these things have ups and downs

They will lose it either way. It is the reason China's trade deficit with USA is so huge and the very reason Donald Trump is imposing taxes on import goods and about to announce another $50 billion tax on imported Chinese goods. It's not ethical to lower your currency value to gain competitive advantage.

Truth234:


They will lose it either way. It is the reason China's trade deficit with USA is so huge and the very reason Donald Trump is imposing taxes on import goods and about to announce another $50 billion tax on imported Chinese goods. It's not ethical to lower your currency value to gain competitive advantage.

The world does not run on morals bro

American govt gives subsidies to farmers to knock off competition from farmers in Africa/Latin America.


It's the way of the world, your interests FIRST.