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NBH extends, doubles currency swap agreement with Chinese central bank
January 10th, 2020
The National Bank of Hungary (NBH) on Friday said it renewed a bilateral currency swap agreement with the People's Bank of China for another three years and raised the total amount from 10 billion renminbi to 20 billion renminbi. The parties signed their first currency swap agreement in 2013 and renewed it for the first time in 2016.
MTI