The Sri Lanka - China Hotline
LATEST NEWS චීනයට චෙරි මල් සමය උදාවෙයි
Colombo 32
October 21st, 2024

චීනය - පාකිස්තානය ද්විපාර්ශ්වික මුදල් හුවමාරු ගිවිසුමක් අලුත් කරයි


Central banks of China, Pakistan renew bilateral currency swap agreement

China's central bank said on Wednesday (Oct. 16) that the People's Bank of China (PBOC) and the State Bank of Pakistan recently had renewed their bilateral currency swap agreement with a swap size of 30 billion yuan/1,180 billion Pakistani rupees.

The agreement is valid for three years and can be further extended upon mutual consent.

The PBOC said renewing the agreement will help strengthen financial cooperation and expand the use of local currencies between the two countries while also promoting bilateral trade and facilitating investment.

Copyright © 2024 Sri Lanka Mirror. All rights reserved.