Korea, Japan extend $10bn currency swap to 2029

AI-generated briefing · First published 2026-10-17 02:19:08 UTC

South Korea and Japan agreed to extend their $10 billion currency swap through November 2029.

South Korea and Japan agreed Thursday to extend their $10 billion currency swap agreement through November 2029, the Ministry of Finance and Economy said. [1] [2]

Deputy Prime Minister Lee Hyoung-il and Japanese Finance Minister Satsuki Katayama reached the agreement in Bangkok on the sidelines of G20 and G7 finance ministers’ meetings and the annual meetings of the IMF and World Bank. [1]

Sources

1. Korea, Japan extend $10bn currency swap for three years

   Pulse by Maeil Business · 2026-10-16 02:28:47 UTC · Full text

2. Japan, South Korea agree to extend $10 billion currency swap arrangement

   The Japan Times · 2026-10-16 03:23:00 UTC · Summary only

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