News

The cost of a $4.5 billion Chinese currency swap facility for repaying debt went up by 39% to a record Rs36.3 billion in the last fiscal year, a burden that will increase further as Pakistan has ...
Brazil's central bank said Monday it will sign a currency swap agreement with the People's Bank of China, with a maximum ...
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, during a recent meeting with maritime journalists highlighted the gains of the Nigeria-China Currency Swap Deal. Represented by his ...
Fed swap lines would be made available to help them meet any short-term liquidity needs. "Such a Mar-a-Lago Accord gives form to a 21st-century version of a multilateral currency agreement.
Nigeria has renewed its bilateral currency swap agreement with China, six years after the deal was initially struck between both countries. The Central Bank of Nigeria (CBN) and the People's Bank ...
The People's Bank of China (PBC), the country's central bank, on Monday revealed an extension of its local currency swap agreement with the European Central Bank (ECB) for another three years ...
China has suspended a US$6.5 billion currency swap agreement with Argentina, and the freeze remains in effect until President Javier Milei demonstrates a clear intention to engage with Beijing ...
Egypt signed a local-currency swap agreement worth around $1.4 billion with the United Arab Emirates, as the North African nation seeks ways to ease an economic crisis. The deal will allow for the ...
Currency swaps are among the tools central banks deploy during periods of high volatility in the global financial system. These measures have the primary aim of stabilising the local currency ...
In doing so, the government of Argentina's new president, Javier Milei, avoided tapping into a currency swap line Beijing was preparing to make available, with strings attached. Since Milei's ...
The Reserve Bank of India (RBI) on Monday entered into a currency swap agreement with the Maldives Monetary Authority (MMA) under the SAARC (South Asian Association for Regional Cooperation ...