Renewed bilateral local-currency swap agreement between the Reserve Bank of Australia and the People's Bank of China.
2 reports, 1 independent
Updated Aug 19
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What happened
Renewed bilateral local-currency swap agreement between the Reserve Bank of Australia and the People's Bank of China.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Reserve Bank of Australia
central bank of Australia
- The Reserve Bank of Australia is managing monetary policy while assessing how geopolitical risks in the Middle East, including conflict status and oil flow, affect the outlook for inflation and the potential benefits of a peace deal.
- Geopolitical peace deals are impacting oil prices due to the ongoing situation in the Middle East.
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People's Bank of China
central bank of the People's Republic of China
Related events
- Bilateral currency swap agreement expansion between the People's Bank of China and the Central Bank of Egypt as part of a strategic initiative to erode US financial leverage.
- The major central banks (ECB, FED, BoE, RBA) are discussing policy shifts, including the ECB's aspirations for a larger role of the euro, while China engages in its own monetary diplomacy.