Malaysia, China extend currency swap deal

KUALA LUMPUR, Apr 18 (Xinhua): The Malaysian central bank said Saturday that it has signed an agreement with China's central bank to extend currency swap deal.

The People's Bank of China and Bank Negara Malaysia signed an agreement to renew its currency swap arrangement for a further term of three years with the size maintained at 180 billion yuan/90 billion ringgit, according to a statement released by Bank Negara Malaysia.

The original arrangement was established in 2009 and first renewed in 2012. The renewed agreement was signed by Governor of Bank Negara Malaysia, Zeti Akhtar Aziz and Governor of the People's Bank of China, Zhou Xiaochuan in the United States.