The People’s Bank of China and the Central Bank of Oman signed a bilateral local currency swap agreement and a memorandum of understanding on cooperation in digital payments and central bank digital currencies on Nov. 2, 2026. The swap has a size of CNY 30 billion/OMR 1.5 billion and a term of five years.
PBOC and Central Bank of Oman sign CNY 30 billion currency swap and digital payments cooperation memorandum
The People’s Bank of China and the Central Bank of Oman agreed to a currency swap of CNY 30 billion/OMR 1.5 billion, valid for five years. They also signed a memorandum covering cooperation on digital payments and central bank digital currencies.