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Singapore and China renew bilateral currency swap arrangement

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The People's Bank of China (PBOC) and the Monetary Authority of Singapore (MAS) have renewed their bilateral currency-swap arrangement (BCSA) for a further term of three years with effect from March 7, 2016.

Singapore

THE People's Bank of China (PBOC) and the Monetary Authority of Singapore (MAS) have renewed their bilateral currency-swap arrangement (BCSA) for a further term of three years with effect from March 7, 2016.

The original arrangement was established in 2010 and first

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