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China, Morocco sign currency swap deal

Xinhua, May 11, 2016 Adjust font size:

The central banks of China and Morocco signed a three-year currency swap deal worth 10 billion yuan (1.53 billion U.S. dollars) on Wednesday.

The deal, which came as King Mohammed VI of Morocco began a state visit to China, will facilitate bilateral trade and investment, according to a statement on the website of the People's Bank of China. Endi