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View Full Version : China to Boost Yuan Swaps, Payments on Dollar Concern - Bloomberg



NewsWhore
04-02-2009, 02:50 AM
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China to Boost Yuan Swaps, Payments on Dollar Concern (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DawowbC9RbZiQ%26refer%3Dhome&cid=1324497808&ei=hWHUSe7sHKSkQqOe4ZkC&usg=AFQjCNFwkTHk33FKfgrsk_8oOtCV5632vQ)
Bloomberg
The People’s Bank of China has agreed to provide 650 billion yuan ($95 billion) to Argentina, Belarus, Hong Kong, Indonesia, Malaysia and South Korea through so-called currency- swaps. More such arrangements are being planned so importers can avoid ...


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