中国人民银行已与三十二个国家和地区签署协议 本币互换对我国经济有何作用（政策解读·问答）

Core Viewpoint - The People's Bank of China (PBOC) has been actively deepening foreign currency financial cooperation by signing bilateral currency swap agreements with various central banks, enhancing the international use of the Renminbi and promoting economic stability [1][3]. Group 1: Currency Swap Agreements - In 2023, the PBOC has signed or renewed bilateral currency swap agreements with eight foreign central banks, including the European Central Bank and the Bank of Thailand [1]. - As of September 30, 2023, the PBOC has established effective bilateral currency swap agreements with 32 countries and regions, covering major economies across Asia, Europe, Africa, the Americas, and Oceania [3]. Group 2: Benefits of Currency Swaps - Currency swaps facilitate cross-border trade and investment, significantly promoting international economic development [4]. - For instance, the renewed currency swap agreement between China and Brazil, which began in 2013 with a scale of 190 billion RMB, has strengthened trade relations and market confidence, maintaining Brazil as China's largest trading partner in Latin America [4]. Group 3: Impact on Enterprises - Companies engaged in overseas operations can apply for local currency funding under the swap agreements, allowing them to quote and settle transactions in Renminbi or the local currency, thus stabilizing costs and profits against USD exchange rate fluctuations [5]. - This mechanism enables enterprises to achieve more precise pricing and enhances their competitiveness in international markets [5]. Group 4: Implications for the Renminbi - The expanding scale and scope of currency swaps indicate a growing willingness among countries to hold and use the Renminbi, reflecting an increase in its international recognition [6]. - Currency swaps have become a crucial part of the global financial safety net, enhancing financial autonomy and stability for participating countries [6].