Chinese mainland, Macao sign currency swap deal

Source: Xinhua| 2019-12-05 20:58:31|Editor: huaxia
Video PlayerClose

BEIJING, Dec. 5 (Xinhua) -- China's central bank said Thursday it has inked a currency swap deal with the monetary authority of the Macao Special Administrative Region.

The deal will allow the two sides to swap a total of 30 billion yuan (about 4.3 billion U.S. dollars) for 35 billion patacas and vice versa, said the People's Bank of China (PBOC).

The move is aimed at maintaining financial stability and supporting the economic and financial development of both sides, according to the PBOC.

The agreement will be valid for three years and can be extended by mutual consent.

A currency swap deal allows two institutions to exchange payments in one currency for equivalent amounts in the other to facilitate bilateral trade settlements and provide liquidity support to financial markets.

KEY WORDS:
EXPLORE XINHUANET
010020070750000000000000011100001386083891
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
色综合天天综合网在线观看 | 亚洲中文字幕aⅴ天堂自拍 思思热精品在线8 | 亚洲欧美日韩中文在线 | 亚洲AV成人一区二区三区不卡 | 亚洲制服丝袜中文字幕在线 | 亚洲欧美日韩国产综合第二页 |