Japan and China Ink 3-Year FX Swap Agreement

Posted on 10/28/2018


On October 26, 2018, in Beijing, the governments of China and Japan signed a currency swap arrangement of up to US$ 30 billion. The arrangement will last until October 25, 2021, and will permit the exchange of local currencies between the Bank of Japan and People’s Bank of China for up to 200 billion RMB […]