BEIJING (Reuters) - China and Russia have signed a local currency swap worth 150 billion yuan ($25 billion) or 815 billion roubles, the Chinese central bank said in a statement on Monday.
The swap is set to last three years and can be extended upon expiry, the central bank said.
The announcement came during a three-day visit to Russia by Chinese Premier Li Keqiang.
Reporting by Koh Gui Qing and Shao Xiaoyi; Editing by Nick Macfie
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