人民币，大消息

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 aims to deepen monetary cooperation and facilitate trade and investment between the two countries [2][4]. Summary by Sections Bilateral Currency Swap Agreement - The renewed agreement allows for a currency swap of 25 billion RMB, which can be extended upon mutual consent [4]. - This arrangement is designed to enhance monetary cooperation, promote trade and investment facilitation, and maintain financial market stability [4]. Purpose and Mechanism - The bilateral currency swap is a financing arrangement where one central bank can exchange its currency for another country's currency to obtain liquidity, primarily for stabilizing financial markets [4]. - The agreement is of a standby nature, meaning no creditor-debtor relationship exists until the swap is activated [4]. Recent Developments in Currency Cooperation - In 2023, the People's Bank of China has been actively renewing currency swap agreements with various countries, including Sri Lanka, Indonesia, Brazil, and Turkey, indicating a strategic push for international monetary cooperation [5][6]. - The agreements vary in scale, with notable amounts such as 100 billion RMB with Sri Lanka and 4000 billion RMB with Indonesia [6]. Global Financial Network - The People's Bank of China has signed bilateral currency swap agreements with over 30 countries, contributing to a global financial safety net [7]. - As of June 2023, the total amount of RMB utilized under these agreements reached 80.7 billion RMB, demonstrating their role in facilitating bilateral trade and investment [7].