央行与韩国银行续签双边本币互换协议 互换规模为4000亿元人民币/70万亿韩元

Core Viewpoint - The People's Bank of China and the Bank of Korea have renewed their bilateral currency swap agreement, which is set at a scale of 400 billion RMB / 70 trillion KRW, effective for five years, with the possibility of extension [1] Group 1 - The renewal of the bilateral currency swap agreement aims to deepen monetary and financial cooperation between China and South Korea [1] - The agreement is expected to facilitate bilateral trade and enhance financial market stability [1]