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

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.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)