MARKET NEWS
China and South Africa renew currency swap agreement - REUTERS
BEIJING, Oct 30 (Reuters) – The central banks of China and South Africa extended a bilateral currency swap agreement for five years, with the size of the swap at 30 billion yuan ($4.51 billion) or 74 billion South African rand, the People’s Bank of China said in a statement on Friday.
($1 = 6.6552 Chinese yuan renminbi)
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