TOKYO :Japan and South Korea may discuss this month the fate of a bilateral currency swap arrangement that expired years ago, Finance Minister Shunichi Suzuki said on Friday, while some officials expressed caution about expectations for a deal.The two Asian neighbours are arranging for Suzuki and his South Ko
TOKYO :Japan and South Korea may discuss this month the fate of a bilateral currency swap arrangement that expired years ago, Finance Minister Shunichi Suzuki said on Friday, while some officials expressed caution about expectations for a deal.
The Japan-South Korea currency swap arrangement, once a symbol of the bilateral financial cooperation, expired in February 2015 amid worsening relations, having served as a backstop against any potential currency crisis. "It could include a Japan-South Korea swap arrangement," Suzuki said."That's all I can say at the moment, as we are making final arrangements towards June 29."
A Japanese government official had said they did not know how talks on the bilateral currency swap arrangement would turn out.
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