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Tajikistan's central bank said Friday that it had signed a currency swap1 agreement worth about 3.2 billion yuan (500 million U.S. dollars) with China's central bank.
塔吉克斯坦央行周五宣布,与中国央行签署一项价值32亿元人民币(5亿美元)的货币互换协议。
The agreement was signed here Thursday during a meeting between Jamshed Nurmahmadzoda, chairman of the National Bank of Tajikistan (NBT) and Zhou Xiaochuan, governor of the People's Bank of China (PBOC).
The deal lasts for three years, and can be extended upon agreement by both sides, the NBT said in a statement on its website.
The agreement, said the NBT, aims to support the balance of international payments, the exchange rate of the national currency, enhancement of energy, agrarian2 mining sectors3 and development of small and medium-sized enterprises in Tajikistan.
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