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Forex

China, Mongolia to extend currency swap agreement

Deal confirmed by foreign ministers

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Mongolian Foreign Minister Tsend Munkh-Orgil and China's Foreign Minister Wang Yi attend a joint news conference at Diaoyutai State Guesthouse in Beijing on Feb. 20.   © Reuters

BEIJING -- The foreign ministers of China and Mongolia confirmed at a meeting here Monday that the two countries will extend a currency swap agreement that had been set to expire in August.

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