中国人民银行与巴西央行续签双边本币互换协议

Core Points - The People's Bank of China (PBOC) and the Central Bank of Brazil signed a Financial Strategic Cooperation Memorandum and a bilateral currency swap agreement, aiming to enhance cooperation between the two central banks [1][2] - The bilateral currency swap agreement is valued at 190 billion RMB / 157 billion Brazilian Reais, effective for five years, with the possibility of extension, facilitating the use of local currencies in trade and investment [1] - The agreements signify a new phase of mutually beneficial and efficient cooperation, providing better financial services for enterprises and strengthening the comprehensive strategic partnership between China and Brazil [2] Group 1 - The Financial Strategic Cooperation Memorandum aims to improve the investment environment, enhance financial market infrastructure, and support cross-border payment systems [1] - The currency swap agreement will help stabilize financial markets and promote trade and investment facilitation between China and Brazil [1] - The PBOC and the Central Bank of Brazil will collaborate on anti-money laundering and counter-terrorism financing efforts, sharing intelligence to combat cross-border financial crimes [2] Group 2 - The PBOC will also sign a Financial Strategic Cooperation Memorandum with the Brazilian Ministry of Finance to coordinate on financial markets and international monetary policy [2] - The cooperation includes exploring sustainable development financing mechanisms and promoting reforms in the international monetary system [2] - The agreements are expected to provide financial support for the alignment of development strategies between China and Brazil [2]