The People's Bank of China (PBC), the central bank, announced on Monday that it recently renewed its bilateral local currency swap agreement with the Bank of Korea for another five years, a move that ...

Kenya borrowed $5.08 billion (Sh656.54 billion) from China Export-Import Bank (Exim) for the construction of two phases of ...

On the 1st, the central banks of South Korea and China renewed a 5-year maturity 70 trillion won (400 billion yuan)-scale ...

South Korea and China signed an agreement on Saturday to renew their currency swap deal worth 70 trillion won ($48.9 billion) for another five years, the presidential office said. The deal ...

The US launches a $40 billion rescue for Argentina to support Javier Milei’s reforms as the peso plunges and political ...

BEIJING, Nov. 3 (Xinhua) -- The People's Bank of China (PBOC), the country's central bank, has renewed a bilateral currency swap agreement with the Bank of Korea, the central bank of the Republic of ...

SEOUL, Dec 1 (Reuters) - The central banks of South Korea and Japan sealed on Friday a $10-billion currency swap deal following an agreement between their finance ministers, the central banks said in ...

IMF expects China to reschedule payments from the US$18-billion swap line that it has extended to Argentina.

Under the proposed system, exporters will be able to obtain taka against their ERQ-held foreign currency for a fixed term and later receive the same amount of foreign currency back after returning the ...

Discover how asset swaps can transform financial instruments, hedge risks, and manage cash flows by exchanging fixed and floating assets in derivative contracts.