中国、新西兰两国央行续签双边本币互换协议

Core Viewpoint - The People's Bank of China and the Reserve Bank of New Zealand have renewed their bilateral currency swap agreement, with a scale of 25 billion RMB, effective for five years, which can be extended by mutual consent [1]. Group 1 - The renewal of the bilateral currency swap agreement aims to deepen monetary and financial cooperation between China and New Zealand [1]. - The agreement is expected to facilitate bilateral trade and investment [1]. - The initiative is also intended to maintain stability in the financial markets [1].