China's small-commodity hub transacts over 1 bln digital RMB
HANGZHOU, April 3 (Xinhua) -- Over 90 percent of businesses in Yiwu City, China small-commodity hub, have accepted digital renminbi (RMB) payment on the city of
Source: shanghaisun.com
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Foreign investors cash in on China's small commodity hub of Yiwu
© Provided by Xinhua HANGZHOU, March 29 (Xinhua) -- Not only are foreign merchants returning to China small commodity hub of Yiwu following the country
Source: southeastasiapost.com
Nigeria's terms of trade dip 2.13% in Q3 2020
Vanguard News Nigeria’s terms of trade dip 2.13% in Q3 2020 On By Yinka Kolawole & Emmanuel Elebeke ECONOMY The National Bureau of Statistics (NBS) has reported that Nigeria’s terms of trade (ToT) decreased by 2.13 percent in the third quarter of 2020 (Q3 2020). NBS noted in its quarterly report on Commodity Price Indices and Terms of Trade (Q3 2020) that the slip in the ToT is due to rise in commodity import index and decrease in export price index. The terms of trade (ToT) represent the ratio between a country’s export prices and its import prices. The ratio is calculated by dividing...
Source: vanguardngr.com