China central bank extends 25 billion yuan currency swap with New Zealand

© Reuters. Two people walk towards the entrance of the Reserve Bank of New Zealand located in the New Zealand capital city of Wellington

BEIJING (Reuters) – China’s central bank said on Friday it has extended a 25 billion yuan ($3.63 billion) bilateral currency swap agreement with New Zealand’s central bank for another three years.

The People’s Bank of China announced the extension in a statement on its website.

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