UAE and China Renew $4.9 Billion Currency Swap Agreement The United Arab Emirates (UAE) and the People’s Republic of China have reinforced their financial ties by renewing a substantial currency swap arrangement. On Tuesday, the Central Bank of the UAE and the People’s Bank of China ratified a continuation of their bilateral currency swap agreement.
The post UAE and China Renew $4.9 Billion Currency Swap Agreement appeared first on Xtreamforex.