Sunday, 23 June 2013

UK and China in £21bn currency swap deal



The Bank of England and its Chinese counterpart have signed a deal likely to boost trade between the UK and China in the yuan. The Bank and the People's Bank of China have signed a three-year currency swap arrangement worth 200bn yuan (£21bn, $33bn), the UK central bank confirmed. via Pocket http://www.bbc.co.uk/news/business-23020718#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa

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