Cryptopolitan on MSN
China and South Korea strengthen financial links with $49 billion swap deal
China and South Korea have signed a new five-year bilateral currency swap agreement worth 70 trillion won ($49.24 billion / ...
The central banks of the two countries signed a "Won-Yuan Currency Swap Contract" with a five-year maturity and a scale of 70 trillion won (400 billion yuan). The Presidential Office stated, "It is ...
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