South Korea, Japan agree on US$10 billion FX swap facility

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South Korea, Japan agree on US$10 billion FX swap facility
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South Korea, Japan agree on $10 billion FX swap facility - Seoul

SEOUL: South Korea and Japan agreed to establish a bilateral foreign exchange swap line of US$10 billion, the South Korean finance ministry said on Thursday .

The agreement was made at a meeting between South Korean Finance Minister Choo Kyung-ho and his Japanese counterpart Shunichi Suzuki in Tokyo, the ministry said in a statement.

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