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Media Releases 2022 Monetary Authority of Singapore and People’s Bank of China Further... Media Releases Published Date: 14 July 2022 Monetary Authority of Singapore and People’s Bank of China Further Renew Bilateral Currency Swap Arrangement Singapore, 14 July 2022…The Monetary Authority of Singapore (MAS) and the People’s Bank of China (PBC) today announced the renewal of the Bilateral Currency Swap Arrangement (BCSA) for a further term of five years, until 2027. 2 The BCSA has been a key pillar of co-operation between MAS and PBC since 2010 and helps to strengthen regional economic resilience and financial stability. Under the arrangement,...
