The Central Bank of Mongolia said Governor Narantsogt Sanjaa met People's Bank of China Governor Pan Gongsheng on the margins of a symposium co-hosted by the People's Bank of China and the Bank for International Settlements, where the two sides discussed deeper cooperation in banking and finance, trade, trade finance and cross-border payments, and re-signed and extended their bilateral currency swap arrangement for a further three-year period to support financial cooperation, bilateral economic and trade exchanges, and financial market stability.
2026-06-26Central Bank of Mongolia
Central Bank of Mongolia and People's Bank of China extend bilateral currency swap for three years
The Central Bank of Mongolia and the People's Bank of China re-signed and extended their bilateral currency swap arrangement for another three years. The move followed talks between the two governors on broader cooperation in banking, trade finance and cross-border payments.