This is China's third currency-swap agreement, following the signing of similar agreements with Thailand and Japan, the central bank said.
人行并指, 上述协议为该行所签订的第3项货币互换协议, 人行较早前已分别与泰国及日 本签订同类协议。
Interest swap: an agreement to exchange floating rate payments for fixed-rate payments in the same currency.
利息掉期:在同一货币中,以浮动利率付息交换固定利率付息的协议。
Therefore, in order to deal with the liquidity crisis, and the United States signed a currency swap agreement requires the United States to provide liquidity support.
因此,为了应对流动性危机,与美国签订货币互换协议,需要美国提供流动性支持。
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