TOP S TOR IESCurrency Swap Agreement • May 25th, 2018
Contract Type FiledMay 25th, 2018The currency swap arrangement between the State Bank of Pakistan (SBP) and People''s Bank of China (PBOC) has been extended for 3 years in respective local currencies. In the extended agreement, both the central banks have agreed to increase the CSA amount from CNY 10 billion to CNY 20 billion and from PKR 165 billion to PKR 351 billion.