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S. Korea, China Agree to Extend Currency Swap Deal

S. Korea, China Agree to Extend Currency Swap Deal

SEOUL, April 12 (Korea Bizwire) – South Korea and China on Monday agreed to extend their currency swap deal scheduled to expire next year in a bid to better cope with possible fallout stemming from mounting financial market uncertainties and widely expected U.S. rate hikes. South Korea’s Finance Minister Yoo Il-ho met with People’s Bank of [...]