Kazakhstan and China agree to use national currencies in swap operations

Kazakhstan and China have agreed to exchange national currencies in the framework of swap transactions involving tenge and yuan, Trend reports. The agreement was signed between the National Bank of Kazakhstan and the People's Bank of China during a visit of Chinese delegation to Astana.

The Chinese delegation headed by President Hu Jintao is on a visit to Astana from June 12.

China and Kazakhstan have also reached agreements on environmental protection and all-round strategic partnership during the meeting


Vestnik Kavkaza

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