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The Bank of Mongolia and the People’s Bank of China renew the Bilateral Currency Swap Agreement www.montsame.mn
Narantsogt Sanjaa, Governor of the Bank of Mongolia (BOM), met with Pan Gongsheng, Governor of the People’s Bank of China (PBOC) on the margins of a high-level symposium co-hosted by the People’s Bank of China and the Bank for International Settlements (BIS).
During the meeting, the Governors exchanged views on bilateral cooperation in the banking and financial sectors and underscored the importance of further deepening collaboration in trade, trade finance, and cross-border payments.
In this context, the Bank of Mongolia and the People’s Bank of China extended and re-signed the bilateral currency swap arrangement for a further three-year period. The arrangement aims to strengthen financial cooperation between the two countries, promote bilateral economic and trade exchanges, and support financial market stability.
Published Date:2026-06-28
