(LEAD) Seoul, Tokyo agree to extend US$10 bln currency swap deal by another 3 yrs（导语）首尔和东京同意将100亿美元的货币互换协议延长3年
BANGKOK, Oct. 15 (Yonhap) -- South Korea has agreed with Japan to extend their U...
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(ATTN: ADDS more info in paras 6-8; CHANGES photo) By Kang Yoon-seung
BANGKOK, Oct. 15 (Yonhap) -- South Korea has agreed with Japan to extend their US$10 billion currency swap arrangement, set to expire next month, by another three years, the finance ministry said Thursday, as the two countries seek to further bolster bilateral economic ties.
Finance Minister Lee Hyoung-il reached the agreement with his Japanese counterpart, Satsuki Katayama, during a meeting in Bangkok on the sidelines of the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group.
The two countries' three-year, $10 billion currency swap deal, signed in December 2023, was due to expire in November.
Finance Minister Lee Hyoung-il (R) shakes hands with his Japanese counterpart, Satsuki Katayama, in Bangkok on Oct. 15, 2026, in this photo released by the Ministry of Finance and Economy. (PHOTO NOT FOR SALE) (Yonhap)
Under the latest agreement, the currency swap arrangement, which involves the U.S. greenback, will run through November 2029, with its size unchanged.
A currency swap is a tool designed to guard against financial turmoil by allowing a country facing a liquidity crunch to borrow foreign currency in exchange for its own currency.
The two countries' currency swap arrangement expanded from $2 billion in 2001 to $70 billion in 2011 amid global financial uncertainties.
The arrangement, however, expired in 2015 and remained dormant for more than eight years amid strained bilateral relations.
In 2023, the two countries agreed to revive the arrangement with a new structure based on the U.S. dollar. Under the deal, South Korea can borrow dollars from Japan in exchange for the Korean won, while the Asian neighbor can do the same in exchange for the Japanese yen.
During the meeting, the officials concurred that the foreign exchange authorities of both countries currently maintain ample liquidity, describing the currency swap arrangement as a symbol of bilateral cooperation.
The two sides discussed ways to expand bilateral exchanges in the economic and financial sectors, the ministry added.
They also agreed to hold a ministerial meeting in South Korea as soon as possible.
This photo, taken Oct. 14, 2026, shows the venue of the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group in Bangkok. (Yonhap)
colin@yna.co.kr (END)
(LEAD) Seoul, Tokyo agree to extend US$10 bln currency swap deal by another 3 yrs
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（注意：第6-8段新增更多信息；更换照片）作者：康允胜
曼谷，10月15日（韩联社）——韩国财政部周四表示，韩国已与日本达成协议，将原定于下月到期的100亿美元货币互换协议延长三年，两国希望借此进一步加强双边经济关系。
韩国财政部长李亨日在曼谷举行的2026年国际货币基金组织（IMF）和世界银行集团年会期间，与日本财政部长片山五月举行会晤，并达成协议。
两国于 2023 年 12 月签署的为期三年、价值 100 亿美元的货币互换协议原定于 11 月到期。
2026年10月15日，韩国财政部长李亨日（右）在曼谷与日本财政部长片山五月握手。这张照片由韩国财政经济部发布。（照片非卖品）（韩联社）
根据最新协议，涉及美元的货币互换安排将持续到 2029 年 11 月，规模保持不变。
货币互换是一种旨在防范金融动荡的工具，它允许面临流动性危机的国家借入外币，以换取本国货币。
在全球金融不确定性的背景下，两国的货币互换安排从 2001 年的 20 亿美元扩大到 2011 年的 700 亿美元。
然而，由于双边关系紧张，该安排于 2015 年到期，并在接下来的八年多时间里一直处于停滞状态。
2023年，两国同意重启该项安排，并采用基于美元的新结构。根据协议，韩国可以以韩元向日本借入美元，而日本也可以以日元向韩国借入美元。
会议期间，双方官员一致认为，两国外汇管理部门目前保持着充足的流动性，并将货币互换安排描述为双边合作的象征。
该部补充说，双方讨论了扩大经济和金融领域双边交流的方式。
他们还同意尽快在韩国举行部长级会议。
这张照片拍摄于2026年10月14日，显示的是2026年国际货币基金组织（IMF）和世界银行集团年会举办地曼谷的景象。（韩联社）
colin@yna.co.kr (完)
（导语）首尔和东京同意将100亿美元的货币互换协议延长3年