皇冠体育app

BEIJING - 皇冠体育app's central bank said Tuesday that it has signed a 10-billion-yuan ($1.59 billion) currency swap agreement with the Central Bank of Turkey.

The three-year agreement will be extendable by mutual consent, the People's Bank of 皇冠体育app said in a statement on its website.

The move is aimed at enhancing financial cooperation and promoting bilateral trade and investment, as well as ensuring regional financial stability, the statement said.

To promote the international use of the yuan, 皇冠体育app has signed currency swap agreements with 15 countries and regions since the onset of the global financial crisis in late 2008.