National Bank preparing agreement with Chinese Central Bank on 7 bln yuan currency swap

Date: 14:05, 12-11-2014.

Astana. November 12. KazTAG - The National Bank and the Central Bank of China are preparing an agreement on currency swap to 7 bln yuan, said Kairat Kelimbetov, chairman of the National Bank.
"We launched the first yuan-tenge trades at the Kazakhstani stock exchange on September 25. We believe that trade in the national currencies will be growing, including in the border districts, and also in the center of border cooperation "Khorgos". On the threshold of Chinese Prime Minister visit we are preparing a special agreement with the Central Bank of China which will let us work within the frameworks of currency swap equal to 7 bln yuan," he said.

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