MNI BRIEF: Brazil And China To Sign BRL157BIn Swap Agreement

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May-12 22:03By: Larissa Garcia
Brazil Central Bank+ 3

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The Central Bank of Brazil (BCB) and the People's Bank of China (PBOC) will sign a BRL157 billion currency swap deal this Tuesday at an event in Beijing. "The main objective of the agreement is to provide liquidity to support the functioning of fina...