Sage Investment Club

Nigerian court suspends Friday deadline to swap banknotes By Reuters

© Reuters. A man holds money in his hand at the animal market in Karu, Abuja, Nigeria, July 8, 2022. REUTERS/Afolabi Sotunde By Camillus Eboh and Chijioke Ohuocha ABUJA (Reuters) – Nigeria’s Supreme Court on Wednesday prevented the government from enforcing a Friday deadline for citizens to swap old banknotes for new ones, as the […]

South Korea, Australia central banks renew currency swap agreement By Reuters

2/2 © Reuters. FILE PHOTO: The logo of the Bank of Korea is seen on the top of its building in Seoul, South Korea, March 8, 2016. Picture taken on March 8, 2016. REUTERS/Kim Hong-Ji/File Photo 2/2 SEOUL (Reuters) – South Korea’s central bank said it renewed on Monday a currency swap agreement with its […]

Argentina and China formalize currency swap deal By Reuters

© Reuters. FILE PHOTO: A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration BUENOS AIRES (Reuters) – Argentina and China have formalized the expansion of a currency swap deal, allowing the South American country to increase its depleted foreign currency reserves, the Argentine central bank said on Sunday. Argentina’s […]