currency swap

The PBOC says the swap renewals will further deepen monetary and financial cooperation with these economies, help to maintain financial stability, and facilitate trade and investment.

China's PBOC extends currency swap pacts with ECB, Swiss, Hungarian central banks

[BEIJING] China’s central bank has extended currency swap agreements with the European Central Bank and the central banks of Switzerland and Hungary, the People’s Bank of China (PBOC) said on Monday.