The Global South is actively shifting their own reserves towards gold at a much faster rate than advanced economies to reduce ...

Turkey and China have extended their currency swap agreement to promote trade in local currencies and reduce reliance on the ...

Turkey and China have renewed a currency swap agreement, allowing their central banks to exchange as much as 189 billion liras ($4.8 billion) or 35 billion yuan over the next three years.

Pakistan needs to draw up a balanced foreign economic policy and clinch a currency swap agreement with Russia while tapping the European nation's huge potential and safeguarding local economic ...

BUENOS AIRES (Reuters) - China is on a crash course with the United States over a major Chinese currency swap deal with Argentina that has buffered the South American country's depleted foreign ...

Currency swap agreements allow two countries to exchange currencies at a pre-agreed rate, providing one another with liquidity in times of need. For Argentina, the swap line with China has been ...

The Reserve Bank of India (RBI) injected $10 billion through a currency or foreign-exchange swap auction on Friday, stepping up efforts to ease one of the worst liquidity deficits to hit the ...

Currency swaps are among the tools central banks deploy during periods of high volatility in the global financial system. These measures have the primary aim of stabilising the local currency ...

Demand for cross-currency swaps, a hedge where companies exchange loan principal and interest payments from one currency to another, has steadily picked up as interest rates between the United States ...

Nigeria has renewed its bilateral currency swap agreement with China, six years after the deal was initially struck between both countries. The Central Bank of Nigeria (CBN) and the People's Bank ...

Nigeria and China yesterday reached a preliminary agreement on the proposal to raise the subsisting $2 billion currency swap deal. President Bola Ahmed Tinubu initiated the discussion on scaling ...

Six years after the initial agreement to a currency swap deal, China’s central bank, People’s Bank of China has renewed its bilateral currency swap agreement with the Central Bank of Nigeria ...