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Deutsche Bank achieves first China-Brazil cross-currency swap

The bank has closed the drawdown of a RMB400 million short-term cross border loan for a Brazilian subsidiary of Chinese energy giant State Power Investment Corp, a move that will help internationalise China's currency.
Deutsche Bank achieves first China-Brazil cross-currency swap

Deutsche Bank has completed the first yuan-based cross-border lending in Latin America, according to company media statement earlier this month. 

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