ECB Agrees on Swap Line With PBOC as Trade Increases

[sippy_stacker]

http://www.bloomberg.com/news/2013-...line-with-pboc-as-euro-china-trade-rises.html

"The swap arrangement has been established in the context of rapidly growing bilateral trade and investment between the euro area and China, as well as the need to ensure the stability of financial markets," the ECB said. "From the perspective of the Eurosystem, the swap arrangement is intended to serve as a backstop liquidity facility and to reassure euro area banks of the continuous provision of Chinese yuan."

The anti-US dollar list is growing..... :
Argentina
South Korea
Pakistan
Indonesia
New Zealand
Malaysia
Belarus
Hong Kong
Japan
Uzbekistan
Thailand
Turkey
Singapore
Kazakhstan
UK
Australia
Brazil
Albania
Russia
European Central Bank/EU

 

[Caput Lupinum]

Is that a complete list as I would have thought Russia, South Africa and India would be on it?

 

[sippy_stacker]

Thanks, just added russia to the list...couldn't find info about South Africa or India

Is that a complete list as I would have thought Russia, South Africa and India would be on it?