Core Points - The People's Bank of China (PBOC) and the Central Bank of Brazil have renewed their bilateral currency swap agreement, with a scale of 190 billion RMB / 157 billion Brazilian Reais, valid for five years, and extendable by mutual consent [1][2] - The renewal of the currency swap agreement is seen as a significant step in deepening financial strategic cooperation between China and Brazil, enhancing trade relations, and promoting the use of the Renminbi in Brazil and the Latin American region [1][4][7] - The agreement aims to provide liquidity support for both countries' financial markets, facilitate cross-border payments, and strengthen financial infrastructure connectivity [2][6] Financial Cooperation - The signing of the financial strategic cooperation memorandum between the two central banks aims to improve the investment environment and support financial investors in expanding their investment scale [2][6] - The PBOC plans to sign a financial strategic cooperation memorandum with the Brazilian Ministry of Finance to enhance cooperation in financial markets and international monetary policy coordination [6] Trade Relations - China has maintained its position as Brazil's largest trading partner for 15 consecutive years, with Brazil being China's largest trading partner in Latin America [4] - The currency swap agreement is expected to facilitate bilateral trade and investment, making it easier for businesses to conduct transactions in their respective currencies [3][5] Global Financial Stability - The bilateral currency swap agreement is considered an important component of the global financial safety net, especially in the context of recent geopolitical tensions [7][8] - The PBOC has signed currency swap agreements with 32 countries and regions, covering major economies across six continents, with a total swap agreement scale of approximately 4.5 trillion RMB [8]

Group 1 - The core viewpoint of the news is the signing of a financial strategic cooperation memorandum and a bilateral currency swap agreement between the People's Bank of China and the Central Bank of Brazil, aimed at enhancing financial cooperation and stability between the two countries [1][2] - The renewed bilateral currency swap agreement has a scale of 190 billion RMB / 157 billion Brazilian Reais, valid for five years, which will help expand the use of local currencies and facilitate bilateral trade and investment [1] - The agreement is seen as an important part of the global financial safety net, especially in the context of recent US tariff policies, signaling a commitment to cooperation and enhancing market confidence [1] Group 2 - The financial strategic cooperation memorandum aims to deepen collaboration between the two central banks, improve the investment environment, and support financial market infrastructure connectivity [2] - The bilateral currency cooperation will provide liquidity support for the financial markets of both countries and promote cross-border payment interoperability [2] - The People's Bank of China has signed bilateral currency swap agreements with 42 countries and regions, with a total scale of approximately 4.5 trillion RMB across 32 active agreements [1]

金十数据5月13日讯，2025年5月13日，在中国国家主席习近平和巴西总统卢拉的共同见证下，中国人民 银行行长潘功胜与巴西中央银行行长加利波罗签署了《中国人民银行与巴西中央银行金融战略合作谅解 备忘录》和《中国人民银行与巴西中央银行人民币/雷亚尔双边本币互换协议》。中巴双边本币互换续 签规模为1900亿元人民币/1570亿巴西雷亚尔，协议有效期五年，经双方同意可以展期，将有助于扩大 两国间本币使用，促进双边贸易和投资便利化，维护金融市场稳定。 相关链接 中国人民银行与巴西央行签署金融战略合作谅解备忘录并续签双边本币互换协议 ...