Poland sign €1 bln swap deal with Ukraine

The National Bank of Ukraine (NBU) and The National Bank of Poland (NBP) have signed a SWAP agreement on the allocation of a credit line of €1 billion to Ukraine, "The National Bank of Ukraine and the National Bank of Poland have signed an agreement on opening a swap line for the złoty-euro currency parity. The agreement envisages conducting swap operations of up to PLN 4 billion,” the Ukrainian National Bank’s press service said. Poland will also allocate €100 million for border infrastructure and information exchanges as part of Ukraine's anti-corruption reforms.