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South Korea plans to discuss bilateral FX swap with Japan, Finance Minister says

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SEOUL :South Korea will discuss with Japan re-establishment of their bilateral foreign exchange swap line that expired in 2015, its finance minister said on Thursday. 'Current economic issues, including bilateral and regional financial cooperation, will be discussed at the bilateral finance minister meeting o

SEOUL :South Korea will discuss with Japan re-establishment of their bilateral foreign exchange swap line that expired in 2015, its finance minister said on Thursday.

Choo was speaking at a discussion forum, in response to a reporter's question about the bilateral finance minister meeting between Japan and South Korea that is scheduled to be held in Tokyo. On the domestic economy, Choo said this year's economic growth would likely be"slightly lower" than the government's previous projection of 1.6 per cent.

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