Search

China and Tunisia Seek One Billion-Dollar Currency Swap Deal

Breaking News
© Allen Dreyfus
  • China and Tunisia discuss a $1 billion currency swap to alleviate economic strains
  • Agreement aims to address Tunisia’s trade deficit and declining foreign reserves

 

Tunis, Tunisia – In a bid to alleviate economic strains, China and Tunisia have entered discussions for a bilateral currency swap valued at least at USD 1 billion, sources close to the negotiations revealed to Allen Dreyfus Monday.

Recent Business

A bustling outdoor market in Africa with people engaged in trade and colorful textiles. Photo by Mad Knoxx Deluxe @ Pexels.
Rates hike in Botswana: why the real economic problem isn't inflation
Read More »
Reserve Bank Governor Lesetja Kganyago. Photo @ Facebook/Reserve Bank of SA
South Africa’s reform gains face global debt storm and escalating Middle East conflict
Read More »
Safaricom Ethiopia making waves. Photo @ Safaricom Ethiopia/Facebook
How Safaricom is turning Ethiopia into Africa’s next telecom power centre
Read More »

Recent Politics

Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Could Uganda’s sovereignty law become Africa’s next democratic flashpoint?
Read More »
The Prime Minister of India, Shri Narendra Modi visiting Sri Venkateswara Swamy Temple. Photo @ Wikimedia Commons
India’s Horn of Africa strategy has shifted: what it’s trying to do and how it could work
Read More »
Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Treason case lays bare Nigeria’s hidden power struggles under Tinubu
Read More »

Latest Posts

Latest news insights