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 ...

Global central banks tapped a record amount of the Chinese currency in foreign-exchange swap lines in the first quarter, in another indication of the yuan’s growing international status. The ...

Brazil's central bank said Monday it will sign a currency swap agreement with the People's Bank of China, with a maximum ...

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 ...

Argentina's renewal of a $5 billion currency swap with China, despite opposition from the United States, has given a boost to the country's economic recovery and underscored a financial ...

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 ...

Japan and South Korea agreed to revive a $10 billion (1.44 trillion yen) currency swap agreement last in use around eight years ago to help each other out by supplying U.S. dollars in times of ...

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 ...

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 ...