The next day it announced it would purchase $400 billion of Treasury securities maturing in six to 30 years by next June, while selling an equivalent amount with maturities of three years or less.
He changed his pounds for the equivalent amount of dollars.
Forms can be secured for the equivalent amount of tax margin, Banks or other financial institutions recognizance, and the Customs recognized some other form of security.
For each dollar or euro of foreign reserves there is the equivalent amount of yuan debt.