人民币，大消息！

Core Viewpoint - The People's Bank of China and the Bank of Korea have renewed their bilateral currency swap agreement, which is aimed at enhancing monetary cooperation and facilitating bilateral trade while maintaining financial market stability [3][4]. Group 1: Agreement Details - The renewed swap agreement has a scale of 400 billion RMB / 70 trillion KRW and is valid for five years, with the possibility of extension upon mutual consent [3]. - The initial agreement was signed in 2008 with a scale of 180 billion RMB, which has increased over time, reaching 400 billion RMB in the latest renewal [3]. Group 2: Importance of Currency Swap - Bilateral currency swaps are collateralized financing arrangements that allow one central bank to obtain the equivalent currency of another, playing a significant role in maintaining financial stability, providing liquidity support, and supporting bilateral trade and investment [4]. - As of September 30, the People's Bank of China has signed effective bilateral currency swap agreements with 32 countries and regions, covering major economies across Asia, Europe, Africa, the Americas, and Oceania, with a total scale of approximately 4.5 trillion RMB [6]. Group 3: Recent Activities - In 2023, the People's Bank of China has actively pursued international cooperation, renewing several bilateral currency swap agreements with various countries, including Iceland, the European Central Bank, and others, with varying scales and durations [5].