Capital importation drops by 36% to $654m in Q3 2023
Nigeria’s total capital importation fell by 36.45 per cent and down to $654.65 million in the third quarter of 2023 from $1,030.21 million in second quarter of same year.
Source: guardian.ng
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Major Chinese Banks Offload Massive Dollar Holdings as Yuan Surges
Amidst a global move towards de-dollarization and increasing demand for yuan-based transactions, the efforts of Chinese policymakers to prop up their currency have increasingly gained traction.
Source: sputnikglobe.com