Mr. Pan Gongsheng, Governor of the People's Bank of China & Mr. Sethaput Suthiwartnarueput, Governor of the Bank of Thailand. Pic: Bank of Thailand
The People's Bank of China (PBOC) and the Bank of Thailand yesterday signed a memorandum of understanding (MoU) on a cooperation framework to promote bilateral transactions in local currencies.The MoU is aimed at enhancing accessibility and efficiency in local currency usage to promote its broader adoption, a press release from the Thai central bank said.
The central banks of China and Thailand yesterday signed a MoU on a cooperation framework to promote bilateral transactions in local currencies and enhance its accessibility and efficiency.
It was signed by the central banks' governors in Beijing, where both discussed bilateral financial and banking cooperation and cross-border payment and settlement.
The MoU was signed by the central banks’ governors Pan Gongsheng and Sethaput Suthiwartnarueput in Beijing, where both discussed bilateral financial and banking cooperation and cross-border payment and settlement.
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