Reuters
by Beijing Monitoring Desk
BEIJING May 11 (Reuters) – China’s central bank said on Wednesday it has signed a local currency swap agreement with its Morocco counterpart worth 10 billion yuan ($1.54 billion).
The three-year deal can be renewed based on mutual agreement, the People’s Bank of China said in a statement on its website.
(Reporting by Beijing Monitoring Desk; Editing by Kim Coghill)
