People's Bank of China and Hong Kong Monetary Authority renew currency swap agreement
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The following is issued on behalf of the Hong Kong Monetary Authority:
The People's Bank of China and the Hong Kong Monetary Authority announced today (November 27) that the currency swap agreement has been renewed for a term of another three years.
The size of the agreement is RMB400 billion, same as the previous one, equivalent to HK$470 billion.
Ends/Monday, November 27, 2017
Issued at HKT 16:05
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