BRICS leaders Dilma Rousseff, of Brazil, Russia's Vladimir Putin, South Africa's Jacob Zuma and Xi Jinping at a summit in Durban. Photo: EPA
BRICS leaders Dilma Rousseff, of Brazil, Russia's Vladimir Putin, South Africa's Jacob Zuma and Xi Jinping at a summit in Durban. Photo: EPA
BRICS

China and Brazil agree to US$30 billion currency swap deal

The agreement serves to provide protection during times of financial crises

BRICS leaders Dilma Rousseff, of Brazil, Russia's Vladimir Putin, South Africa's Jacob Zuma and Xi Jinping at a summit in Durban. Photo: EPA
BRICS leaders Dilma Rousseff, of Brazil, Russia's Vladimir Putin, South Africa's Jacob Zuma and Xi Jinping at a summit in Durban. Photo: EPA
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