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Central Bank of Nigeria

Regulations for Transactions with Authorized Dealers in Renminbi

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Author
Central Bank of Nigeria
Year
2018
Pages
4 pages

These regulations govern Central Bank of Nigeria transactions with authorised dealers in Renminbi under the bilateral currency swap arrangement with the People's Bank of China. They establish permitted uses, eligibility requirements, payment and document-routing procedures, bidding and settlement rules, fund-utilization deadlines, exchange-rate discretion, dealer charges,…

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