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Topic: Currency swap benefits China more  (Read 1410 times)

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Currency swap benefits China more
« on: July 23, 2018, 01:01:51 PM »
Currency swap benefits China more

The only presumed benefit to Nigeria in the celebrated Chinese currency swap us is that it is going to put less pressure on our dollar forex account. This of course is not in our long term interest after all a strong naira is not in our industrialisation best interest since that only encourages more imports […]
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