Thursday, October 17, 2024

Trade Made Easier! China & Pakistan Renew 1.18 Tln PKR Currency Swap Deal

Chinaโ€™s central bank has announced the renewal of its 30 billion yuan (approx. 4.21 billion USD) currency swap agreement with the State Bank of Pakistan. This deal is also valued at 1.18 trillion Pakistani rupees!

๐Ÿ“… Valid for 3 years with an option to extend further, this agreement will:
โœ… Boost financial cooperation ๐Ÿค
โœ… Expand the use of yuan & rupees ๐Ÿช™
โœ… Make trade and investment easier for both countries ๐Ÿš€

This is another step toward strengthening bilateral ties and promoting regional economic stability! ๐ŸŒ #ChinaPakistan #CurrencySwap #BilateralTrade

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