Kazakh National Bank and People's Bank of China sign KZT 200 bln swap agreement
10:50, 15 December 2014
ALMATY. KAZINFORM The National Bank of Kazakhstan and People's Bank of China signed a KZT 200 bln swap agreement, the National Bank's press service said.
The agreement gives an opportunity to pay for goods, services and other transactions between the residents of Kazakhstan and China both in foreign and national currencies in the territory of two countries. It is purposed to develop favorable conditions for the development of mutual trade and direct investments in national currencies of Kazakhstan and China.