B · Normal
[The central banks of China and Chile renew the bilateral local currency swap agreement] October 29th, with the approval of the State Council, the People's Bank of China and the Central Bank of Chile recently renewed the bilateral local currency swap agreement. The swap scale remains unchanged at 50 billion yuan/6 trillion Chilean pesos, and the agreement is valid for five years. The two sides have once again renewed the bilateral local currency swap agreement, which will help further deepen the monetary and financial cooperation between the two countries, promote bilateral trade and investment facilitation, and maintain financial market stability.
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