China and Qatar Sign Currency Swap Agreement

Posted on 11/04/2014

Qatar is the largest supplier of liquefied natural gas (LNG) to China. LNG producers are keen on selling to Asian countries. People’s Bank of China has inked a 35 billion yuan (US$ 5.7 billion) currency swap deal with Qatar Central Bank (QCB). This marks a milestone in which the Gulf region has been dominated by […]