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 ...

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 ...

Some Western media outlets discredit China by attacking currency swap lines, trying to divert ... The latest example is a Wall Street Journal (WSJ) article on Sunday claiming that some troubled ...

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.

IN order to better manage foreign exchange and interest rate risks, the Bankers Association of the Philippines (BAP) has launched a dollar-peso cross-currency swap (USDPHP CCS) market. This is in ...

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 ...

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 ...

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 ...

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 ...