China, Pakistan ink currency swap deal
Updated: 2011-12-24 13:19
(Xinhua)
BEIJING - China's central bank said Saturday that it has signed a 10-billion-yuan ($1.58 billion) currency swap deal with the State Bank of Pakistan.
The agreement will last for three years and is extendable by mutual consent, according to a statement posted on the website of the People's Bank of China (PBOC).
The swap is aimed at promoting bilateral financial cooperation and boosting trade and investment, while ensuring regional financial stability, it said.
Since the onset of the global financial crisis in late 2008, China has signed currency swap agreements with 14 countries and regions.
Hot Topics
HIV/AIDS, Egypt protest, Thanksgiving, climate change, global economic recovery, home prices, high-speed railways, school bus safety, Libya situation, Weekly photos
Editor's Picks
|
|
|
|
|
|
Comments: (China Daily Website - Connecting China Connecting the World
Global EditionASIA
中文Sign in
Subscribe
- HOME
- CHINA
- WORLD
- BUSINESS
- LIFESTYLE
- CULTURE
- TRAVEL
- WATCHTHIS
- SPORTS
- OPINION
- REGIONAL
- FORUM
- NEWSPAPER
- China Daily PDF
- China Daily E-paper
- MOBILE
BACK TO THE TOP
Copyright 1995 -
. All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263
About China Daily
Advertise on Site
Contact Us
Job Offer
Expat Employment
FOLLOW US
)
Sorry, the page you requested was not found.
Please check the URL for proper spelling and capitalization. If you're having trouble locating a destination on Chinadaily.com.cn, try visiting the Chinadaily home page
Registration Number: 130349