The Reserve Bank of Australia and the People's Bank of China renewed their bilateral local currency swap agreement for five years, allowing either central bank to exchange up to AUD 46 billion or CNY 220 billion to support bilateral trade and investment.
2026-08-19Reserve Bank of Australia
Reserve Bank of Australia renews five-year AUD 46 billion currency swap agreement with People's Bank of China
The Reserve Bank of Australia and the People's Bank of China renewed their bilateral currency swap agreement for five years, maintaining a limit of AUD 46 billion or CNY 220 billion.