The People’s Bank of China and Reserve Bank of Australia renewed their bilateral local currency swap agreement for five years, increasing its size from CNY 200 billion and AUD 41 billion to CNY 220 billion and AUD 46 billion, with an option to extend by mutual consent.
2026-08-19Central Bank of the Republic of China
People’s Bank of China and Reserve Bank of Australia renew and expand bilateral currency swap to CNY 220 billion and AUD 46 billion
The People’s Bank of China and Reserve Bank of Australia renewed their five-year bilateral local currency swap and expanded it to CNY 220 billion and AUD 46 billion.