On the 1st, the central banks of South Korea and China renewed a 5-year maturity 70 trillion won (400 billion yuan)-scale ...

The rates and swap durations have not yet been finalised, but the Bangladesh Bank will soon issue a detailed circular specifying them ...

Discover how asset swaps can transform financial instruments, hedge risks, and manage cash flows by exchanging fixed and floating assets in derivative contracts.

BEIJING -- The People's Bank of China, the country's central bank, has renewed a bilateral currency swap agreement with the Bank of Korea, the central bank of the Republic of Korea. The value of the ...

The People's Bank of China (PBC), the central bank, announced on Monday that it recently renewed its bilateral local currency swap agreement with the Bank of Korea for another five years, a move that ...

WASHINGTON (AP) — The U.S. directly purchased Argentine pesos on Thursday and finalized a $20 billion currency swap framework with Argentina’s central bank, Treasury Secretary Scott Bessent said in a ...

China and South Korea signed a bilateral currency swap and other economic cooperation agreements on Saturday, as their ...

“While our government has proposed a currency swap, the U.S.’s track record suggests it won’t be easy,” Wi said to a local news outlet, according to a Reuters report. Earlier in the week, Wi responded ...

Under the proposed system, exporters will be able to obtain taka against their ERQ-held foreign currency for a fixed term and later receive the same amount of foreign currency back after returning the ...

President Lee Jae Myung (2nd from R) and Chinese President Xi Jinping (2nd from L) attend a signing ceremony for a currency ...

Loading the Elevenlabs Text to Speech AudioNative Player... As previously discussed here, Treasury Secretary Scott Bessent announced earlier this month that the United States will be opening a $20 ...