With the approval of the State Council, the people's Bank of China and the Monetary Authority of Singapore have recently renewed a bilateral currency swap agreement with a scale of 300 billion yuan / 65 billion Singapore dollars, valid for five years. The renewal of the bilateral currency swap agreement between China and Singapore (Canada) will help to further deepen financial cooperation between the two countries, promote bilateral trade and investment facilitation, and maintain financial market stability.
中新（加坡）两国央行续签双边本币互换协议
China and Singapore (Canada) central banks renew bilateral currency swap agreement
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