Bilateral Currency Swap Arrangement Agreement with the People-s Bank of China | Banking and Financial Services Law from MLTIC

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Bilateral Currency Swap Arrangement Agreement with the People-s Bank of China

The People's Bank of China and Bank Negara Malaysia renewed its currency swap agreement today for a further term of three years, with its size increased to RMB180 billion / MYR90 billion. The original agreement was established on 8 February 2009 with an initial total size of RMB80 billion / MYR40 billion. This renewed currency swap agreement will further reinforce the financial cooperation between both economies and facilitate greater bilateral trade and investment.

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Date of Publication	:	Wednesday, 08 February 2012

Original Title	:	Bilateral Currency Swap Arrangement Agreement with the People's Bank of China

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