PBOC upgrades currency swap with Hong Kong, announces new programme to allow mutual access in interest rate swap markets
PBOC upgrades currency swap with Hong Kong, announces new programme to allow mutual access in interest rate swap markets

PBOC upgrades currency swap with Hong Kong, announces new programme to allow mutual access in interest rate swap markets

 

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The People's Bank of China (PBOC) said on Monday that it has upgraded a currency swap facility with Hong Kong to a permanent agreement and expanded the size to 800 billion yuan ($119.40 billion) from 500 billion yuan . . .

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