With State Council approval, the People’s Bank of China and the National Bank of Serbia renewed a bilateral local-currency swap, expanding the facility from CNY 1.5 bln/RSD 27 bln to CNY 5.0 bln/RSD 74 bln. The five-year agreement is extendable by mutual consent; both central banks said the larger swap will deepen monetary and financial cooperation, facilitate bilateral trade and investment, and help safeguard financial market stability.

US law-enforcement officials told U.S. media on the 27th that the Trump administration privately instructed the Miami U.S. attorney not to continue pursuing a criminal probe of Venezuela's acting president Delcy Rodriguez. Sources said the pause was intended to avoid undermining the administration's efforts to stabilize the situation in Venezuela and to secure the country's openness to U.S. investment. Sources said it was unclear whether prosecutors believed Rodriguez had committed any crimes or whether investigators were preparing charges. A Justice Department spokesman said there is no investigation of Rodriguez that needed to be halted.

Ukrainian military says it has attacked Russia's Tuapse oil refinery.