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A swap agreement has been signed by Brazil’s Central Bank (BCB) and the People’s Bank of China (PBoC), worth R$157 billion, and valid for five years.
By PA/TPN, in South America, World, Economy · 24 May 2025, 12:31 · 0 Comments
The BCB will observe the exchange rates for the two currencies charged on the domestic and international foreign exchange markets to guarantee the economic and financial balance of bonds.
The documents were signed by BCB President Gabriel Galípolo and his Chinese counterpart Pan Gongsheng.
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