March 22, 2016/AfDB The President of the African Development Bank Group (AfDB), Akinwumi Adesina, will lead a top-level Bank team on a working visit to Japan, Korea and China from March 24-29. During the visit, the team will engage with top government officials of these countries and business corporates on […]
Tag: People’s Bank of China
Asian stocks lifted by Wall Street gains
Mon Mar 14, 2016/Reuters By Lisa Twaronite Asian shares began a central-bank focused week on firm footing on Monday, buoyed by gains on Wall Street as well as glimmers of strength in weekend data from China. Financial spreadbetters expected Britain’s FTSE 100 .FTSE to open 0.3 percent higher. Germany’s DAX […]
Nigeria Central Bank to Shift Reserves Into Yuan From Dollars
Nigeria’s central bank plans to shift some of its reserves into yuan from dollars as the Chinese currency takes a greater role in global trade, deputy central bank Governor Kingsley Moghalu said. The bank will increase the yuan’s share of reserves to as much as 7 percent from 2 percent, […]
