China agrees to negotiate currency swap agreement with Thailand: Thaksin

CHA AM, Thailand (ASIA-AFX) - Chinese Premier Zhu Rongji has given approval for China's central bank to begin negotiating a currency swap agreement with Thailand, Prime Minister Thaksin Shinawatra said.

	    "The Chinese side said they are ready for the Bank of Thailand to talk with the Chinese central bank on a currency swap deal," Thaksin said.

	    Thaksin said, however, so far there has been no discussion on the size of the deal with the Chinese central bank.

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