China, Ukraine extend currency swap deal

0 Comment(s)Print E-mail Xinhua, December 10, 2018
Adjust font size:

BEIJING, Dec. 10 (Xinhua) -- The central banks of China and Ukraine have renewed a bilateral local currency swap agreement, the People's Bank of China (PBOC) said Monday.

The agreement, worth 15 billion yuan, or 62 billion hryvnias (about 2.18 billion U.S. dollars), will be valid for three years and can be extended upon mutual consent, according to the PBOC.

The move is aimed at facilitating bilateral trade and investment to boost the economic development of both countries, the PBOC said.

The swap deal was first agreed by the central banks of the two sides in 2012. Enditem

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter