China and South Africa renew currency swap agreement

Sign UpSign InOpen menuMarketsMarket OverviewAfrican EquitiesCryptocurrencyForeign ExchangeCommoditiesNewsLatestFeaturedCryptocurrencyEconomySpecial ReportsTechnologyTradeClimate ChangeMarketsRegionsSouthern AfricaWest AfricaEast AfricaInternationalCNBC TVLatest VideoTop VideoWatch LiveEarningsCEO InterviewsAnalysisTV GuideShowsInsightsInsightsConnecting NationsInvestmentPower LunchFinancial EducationVision 2050LivestreamEventsSign Up / Sign InClose MenuSearch CNBC AfricaSearchQuick LinksAfricaSouth AfricaRwandaNigeriaPower LunchInvestmentTechnologyMarketsFinancial EducationInsightsEconomyChina and South Africa renew currency swap agreementXiuhao Chen and Ryan WooBy ReutersPublished October 30, 2026 at 11:43 GMTSaveShare South African bank notes featuring an image of former South African President Nelson Mandela are displayed at an office in Johannesburg, File. REUTERS/Siphiwe Sibeko BEIJING, Oct 30 (Reuters) – The central banks of China and South Africa extended a bilateral currency swap agreement for five years, with the size of the swap at 30 billion yuan ($4.51 billion) or 74 billion South African rand, the People’s Bank of China said in a statement on Friday.

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