The Chinese and European central banks said Thursday they reached agreement to set up a “currency swap” mechanism for the purchase and repurchase of their respective currencies, the yuan and euro. The “bilateral currency swap arrangement” will be valid…
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Chinese, European central banks in currency swap deal (via AFP)
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These article are syndicated from AFP via Repost.US and is posted here with permission. Copyright 2013 AFP. All Rights Reserved
These article are syndicated from AFP via Repost.US and is posted here with permission. Copyright 2013 AFP. All Rights Reserved
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