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Brazil, China to Sign $30 Billion Swap Agreement, Paul Says

The central banks of Brazil and China will sign in the coming weeks a $30 billion currency swap agreement, according to Gustavo Paulo, head of the Brazilian bank press office.

Brazil’s central bank chief Alexandre Tombini and his Chinese counterpart Zhou Xiaochuan met yesterday to discuss the details of the agreement, Paul said in an interview from Basel.

To contact the editor responsible for this story: Andre Soliani at asoliani@bloomberg.net

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