[Street] published in British bilateral currency swap agreements once again renewed swap size of 350 billion yuan

[Street] published in British bilateral currency swap agreements once again renewed swap size of 350 billion yuan

Amount of reading: the approval of the State Council, recently, the People’s Bank of China and Bank of England signed a bilateral currency swap agreements, swap size of 350 billion yuan / 40 billion pounds, the agreement is valid for five years, may be extended by mutual agreement.

Xinhua Finance Beijing November 12, according to the People’s Bank’s official website 12 news, the approval of the State Council, recently, the Bank of England and the People’s Bank of China signed a bilateral currency swap agreements, swap size of 350 billion yuan / 40 billion pounds, agreement valid for five years, may be extended by mutual agreement. Sino-British bilateral currency swap agreement renewal again, monetary and financial help to further deepen the Sino-British cooperation, maintain financial market stability. Edit: Zhuo Zhai statement: Xinhua News Agency Xinhua Finance is the construction of the country’s financial information platform.

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