Saudi, China Ink 50 Billion Yuan Currency Swap Agreement
- Date: 21-Nov-2023
- Source: Gulf Insider
- Sector:Financial Markets
- Country:Saudi Arabia
Saudi, China Ink 50 Billion Yuan Currency Swap Agreement
The Saudi Central Bank (SAMA) has signed a three-year currency swap agreement with the Central Bank of China, marking a milestone in financial cooperation between the two nations. The accord establishes a maximum swap value of 50 billion Chinese yuan. This strategic agreement reflects the commitment of both central banks to enhance collaboration and strengthen …
The post Saudi, China Ink 50 Billion Yuan Currency Swap Agreement appeared first on Gulf Insider.
Select Sector 
Select Country 
