The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Singapore and China renew bilateral currency swap arrangement

Published Tue, Mar 15, 2016 · 09:50 PM
Share this article.

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 renewed in 2013. It is a key pillar of co-operation between PBOC and MAS to strengthen regional economic resilience and financial stability.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Banking & Finance

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here