Central Banks / Economy
Add as a preferred source on GoogleThe 2024 RMB Internationalization Report lists the renewal date as Sept. 13, 2021, and the amounts as RMB 30 billion and ZAR 68 billion.
The South African Reserve Bank (SARB) and People’s Bank of China (PBoC) renewed a currency swap Sept. 13, 2021, for RMB 30 billion and ZAR 68 billion, a 2024 PBoC report records.
The report, titled the RMB Internationalization Report, documents the renewal date and amounts. At the arrangement’s initial signing in 2015, the SARB said it strengthened the relationship between the two central banks.
The South African Reserve Bank’s calendar sets publication for 3:45 a.m. ET (07:45 UTC). Its August template listed official reserve assets at $75.954 billion.
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