Bloomberg News

Basci Says Turkey, China Discussing Local Currency Swaps

September 28, 2011

Sept. 28 (Bloomberg) -- Turkey and China are holding “advanced” talks on currency swaps that would enable the two countries to trade in their local currencies, Turkish central bank governor Erdem Basci said in Istanbul today.

To contact the reporter on this story: Ercan Ersoy in Istanbul at

To contact the editor responsible for this story: Steve Bryant at

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