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China and Tunisia Seek One Billion-Dollar Currency Swap Deal

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© Allen Dreyfus
  • China and Tunisia discuss a $1 billion currency swap to alleviate economic strains
  • Agreement aims to address Tunisia’s trade deficit and declining foreign reserves

 

Tunis, Tunisia – In a bid to alleviate economic strains, China and Tunisia have entered discussions for a bilateral currency swap valued at least at USD 1 billion, sources close to the negotiations revealed to Allen Dreyfus Monday.

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