The People's Bank of China and the Bank of Mongolia renewed a bilateral local-currency swap agreement for CNY15 bln / MNT7.85 tln, effective for three years. The renewal is aimed at deepening financial cooperation, supporting bilateral trade and help

2026-06-26

The People's Bank of China and the Bank of Mongolia renewed a bilateral local-currency swap agreement for CNY15 bln / MNT7.85 tln, effective for three years. The renewal is aimed at deepening financial cooperation, supporting bilateral trade and helping to maintain financial market stability.