SAMA, Central Bank of China Sign Currency Swap Agreement

Saudi Central Bank workshop on Islamic Finance stresses on research, development
Saudi Central Bank workshop on Islamic Finance stresses on research, development

The Saudi Central Bank (SAMA) signed a three-year currency swap agreement with the Central Bank of China. The maximum value of the swap is 50 billion Chinese yuan.

The agreement is part of the financial cooperation between the two central banks, which works to strengthen collaborations based on mutual interests.

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