Mauritius central bank: Mauritius, China sign currency swap agreement

Author Logo | Wed, 04 Sep 2024 09:16:14 GMT

NAIROBI, Sept 4 (Reuters) – Mauritius and China’s central banks have signed a three-year currency swap agreement worth 13 billion Mauritian rupees or 2 billion Chinese yuan (about $281 million), the Bank of Mauritius said on Wednesday.

The bank said in a statement that the agreement could be extended on mutual consent and was designed to promote bilateral trade and investment between the two countries. ($1 = 7.1168 Chinese yuan renminbi) (Reporting by George Obulutsa Editing by Alexander Winning)

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