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HNB agrees with ECB to set up precautionary currency swap line

· Source: Hina· Author: Marija Šestan· Photographer: Marija Šestan

ZAGREB, April 15 (Hina) - The Croatian National Bank (HNB) said on Wednesday it had agreed with the European Central Bank (HNB) to set up a precautionary currency agreement, known as a swap line, that will allow the HNB to borrow up to €2 billion from the ECB in exchange for Croatian kuna.

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