Qatar Central Bank Governor Sheikh Bandar bin Mohammed bin Saoud Al Thani and People’s Bank of China Governor Pan Gongsheng signed the third extension of their local currency swap agreement on the sidelines of the 2026 International Monetary Fund and World Bank Group Annual Meetings in Bangkok, held from Oct. 12 to 18, building on the original 2014 agreement and extensions in 2017 and 2021 to support bilateral trade and direct investment.
Qatar Central Bank and People’s Bank of China extend local currency swap agreement for third time
The Qatar Central Bank and People’s Bank of China signed the third extension of their local currency swap agreement to support bilateral trade and direct investment, following previous extensions in 2017 and 2021 of the original 2014 agreement.