October 27, 2022

Chinese Yuan Finally Strengthens To 7.1570 Against Dollar

Chinese Yuan Finally Strengthens To 7.1570 Against Dollar

October 27, 2022 9:50 am

Things are looking much better for the Chinese Yuan as the central parity rate of the Chinese currency renminbi, or the Yuan had managed to strengthen up to 68 pips to 7.1570 against the dollar on Thursday, which came according to the China Foreign Exchange Trade System.

In China’s spot foreign exchange market, the Yuan was also allowed to rise or fall by two per cent from the central parity rate each trading day.

Read Also: Naira Grows Marginally As It Exchanges At 441.25 To Dollar

The central parity rate of the Yuan against the dollar is quite based on …

Jabi Lake Mall Shuts Down Over Fresh Terror Threats In Abuja

Jabi Lake Mall Shuts Down Over Fresh Terror Threats In Abuja

October 27, 2022 9:38 am

In lieu of the renewed terror threats which had been announced in Abuja, the FCT and the evacuation of expatriates from the embassies, some of the public venues and businesses have begun to shut down their operations some of which also include the Jabi Lake Mall which recently announced that it would be shutting down their operations over security threats in Abuja.

It can also be recalled that the United States Embassy has on Sunday issued a security alert on elevated risk of terror attacks in Abuja.

Read Also: US Warns Of Fresh Terrorist Attacks In Nigeria’s Capital, Abuja

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