China, Switzerland reach currency swap deal  

中瑞兩國央行簽署雙邊本幣互換協議 有效期三年

據中國人民銀行官網消息，經國務院批準，2014年7月21日，中國人民銀行與瑞士國家銀行簽署了規模為1500億元人民幣/210億瑞士法郎的雙邊本幣互換協議，旨在為雙邊經貿往來提供流動性支持，并維護金融市場穩定�；�換協議有效期三年，經雙方同意可以展期。 [查看全文]

(ECNS) – Central banks in China and Switzerland signed a bilateral currency swap agreement for 150 billion yuan ($24.15 billion) on Monday, according to the official website of People's Bank of China.

The agreement is valid for three years and can be extended by mutual consent.

The deal marks the progress of bilateral cooperation in monetary and financial fields, and helps facilitate trade and investment between the two countries, according to the report.

Moreover, it will provide liquidity backstops to the yuan market in Switzerland, the report added.