China's PBOC extends currency swap agreement with Iceland's central bank

China's PBOC extends currency swap agreement with Iceland's central bank
  • Country:
  • China

China's central bank said on Thursday it has extended a currency swap agreement with Iceland's central bank for five years, the People's Bank of China (PBOC) said on Thursday.

The bilateral local currency swap amounted to 3.5 billion yuan or 70 billion Icelandic krona, the PBOC said in a statement.

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