KOREA-CHINA CURRENCY SWAP DEAL
Korea and China extend Currency Swap
Korea and China agreed on October 21 to extend bilateral currency swap deal by additional 5 years from October 11, 2020 to October 10, 2025, and expanded its size from 64 trillion won (360 billion yuan) to 7 trillion won (400 billion yuan).
For details, please refer to the press release issued on October 22 by Bank of Korea.
Please refer to the attached pdf for the full press release
