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People's Bank of China in swap deal with European Central Bank

In a major step towards the yuan's internationalisation, the People's Bank of China agreed to create a currency swap line with the European Central Bank (ECB).

11 Oct 2013 - 4:41PM

In a major step towards the yuan's internationalisation, the People's Bank of China agreed to create a currency swap line with the European Central Bank (ECB).

People's Bank of China in swap deal with European Central Bank