Currency Swap Agreement
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Egypt, China to Swap Currency
Monday, 31st October 2016
Egypt reached a currency swap agreement with China valued at $2.7b, brining Egypt closer to achieving the conditions required to receive a $12b loan from the International Monetary Fund (IMF).
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 61.92 | -1.20% |
Crude Oil (Brent) Brent | USD/bbl | 65.83 | -1.11% |
NYMEX Natural Gas | USD/MMBtu | 2.72 | -0.37% |
OPEC Basket Price | USD/bbl | 65.10 | -0.17% |
Last Modified April 21, 2021