Bangkok, Thailand: Governor of the Qatar Central Bank HE Sheikh Bandar bin Mohammed bin Saoud Al-Thani and Governor of the People's Bank of China, HE Pan Gongsheng, signed the agreement to extend the local currency swap between the Qatar Central Bank and the People’s Bank of China.
The signing took place on the sidelines of the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG), held in Bangkok, Thailand, from October 12 to 18, 2026.
The extension of the local currency swap agreement between Qatar Central Bank and the People’s Bank of China marks the third time the agreement has been extended. 
Originally signed in 2014, the agreement was first extended in 2017 and subsequently renewed in 2021.
The agreement aims to promote trade and direct investment between the two countries
