The Monetary Authority of Hong Kong (HKMA) signed a currency-swap agreement with the People's Bank of China, or the country's central bank, here Tuesday. The currency-swap pact was one of the 14 measures in seven areas the Chinese central government... ...full story at People's Daily
from People's Daily on Tue, Jan 20 2009
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A Lesson in Chinese Currency »
YouTube video Today Renminbi, translated literally is "People's Currency". Renminbi, abbreviated to RMB, is the currency in mainland of the People's Republic of China.
Watch more videos and free Chinese language lessons on my website: www.VideoTravelBook.com |
| 20 Jan 09 |
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Chinese mainland, HK sign currency swap agreement » People's Daily The mainland and Hong Kong signed Tuesday a three-year currency swap deal worth 200 billion yuan (28.6 billion U.S. dollars). The move by the central government is aimed to help stabilize the Hong Kong economy and its currency. ... |
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China's central bank signs currency swap agreement with Belarus » People's Daily The People's Bank of China (PBOC),the central bank, said Wednesday it has signed a currency swap agreement with the National Bank of the Republic of Belarus. The agreement allows the two banks to swap 20 billion yuan (2.9billion U.S. dollars) or 8... |
| 06 Mar 09 |
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No currency swap exercised yet between HK, mainland for liquidity shortage: central bank governor » People's Daily The mainland and Hong Kong have not been forced to use the currency pool, which is a result of a currency swap agreement between the two sides, China's central governor Zhou Xiaochuan said in Beijing Friday. The Chinese mainland and Hong Kong... |
| 09 Feb 09 |
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China's central bank signs currency swap agreement with Malaysia » People's Daily The People's Bank of China (PBOC) announced on Sunday it has signed a bilateral currency swap agreement with Bank Negara Malaysia. The agreement allows the two banks to swap 80 billion yuan/40 billion Ringgit in three years, and could be extended... |
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China, ROK central banks sign currency-swap agreement » People's Daily The central banks of China and the Republic of Korea (ROK) signed an agreement on Friday to expand their currency swap, which involved 180 billion yuan (26.3 billion U.S. dollars), China's central bank said. The agreement set an upper transaction... |
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