[Sad news] Moon J people “Now Japan, do not swap currency with us again?

[Sad news] Moon J people South Korea's CBS reported on May 12 that Mr. Eun Sung-su, the chairman of the financial committee, has revealed his willingness to resume currency swaps with Japan. In addition to ensuring the liquidity of foreign currency in the event of a financial crisis, he said, “It is better to conclude a new agreement with Japan” at a personnel hearing, with the aim of improving national confidence. The currency swap agreement is a mechanism for exchanging foreign currency and home currency when there is a shortage of foreign currency required for trade settlement and exchange intervention. It can cope with the shortage of foreign currency during the economic crisis. * Some excerpts from the link below. Continue with the source https://www.zakzak.co.jp/soc/news/190921/for1909210001-n1.html document.write(” + ”); Related article document.write(” + ”);

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