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 set at a scale of 400 billion RMB / 70 trillion KRW, valid for five years and extendable by mutual consent. This agreement aims to deepen monetary and financial cooperation between the two countries, facilitate bilateral trade, and maintain financial market stability [1]. Summary by Relevant Sections - The renewed currency swap agreement is approved by the State Council and is significant for enhancing cooperation in monetary and financial matters between China and South Korea [1]. - The agreement's scale is substantial, amounting to 400 billion RMB, which translates to approximately 70 trillion KRW, indicating a strong commitment to bilateral financial relations [1]. - The five-year validity of the agreement, with the possibility of extension, reflects a long-term strategic partnership aimed at promoting trade and stabilizing financial markets [1].