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People's Bank of China and Hong Kong Monetary Authority renewed Currency Swap Agreement

The following is issued on behalf of the Hong Kong Monetary Authority:

     The People's Bank of China and the Hong Kong Monetary Authority announced today (November 27) renewing the currency swap agreement for a term of another three years.

     The size of the agreement is RMB400 billion, same as the previous one, equivalent to HK$505 billion.

Ends/Thursday, November 27, 2014
Issued at HKT 18:59


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