(MENAFN)The recent currency protocol increased to USD6 billion as China and Turkey have stood at a USD3.6 billion exchange agreement.
Business-focused news agency Bloomberg stated that Turkey President Recep Tayyip Erdogan announced the agreement on Sunday that is going to allow Turkey to improve transactions in national currency instead of US dollars.
The report declared that this ought to support bolster central bank assets.
Erdogan, Turkish President did not announce when this agreement was confirmed.
Turkey and China settled their first trade protocol back in 2012 by later agreements allowing Turkish businesses to buy from China in its currency (Yuan).
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