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Peopleâs Bank Of China And Monetary Authority Of Singapore Renew Bilateral Currency Swap Arrangement

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The People’s Bank of China (PBC) and the Monetary Authority of Singapore (MAS) today announced the renewal of the existing bilateral currency swap arrangement (BCSA) for a further term of three years. The original arrangement was established in 2010 and first renewed in 2013. The new arrangement is effective as of 7 March 2016.

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