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Currency deal to lift trade with S Korea

Posted on 24 February 2014

The rapidly growing economic relationship between Australia and South Korea will be augmented by a $5 billion three-year currency swap deal announced yesterday by the Bank of Korea and the country’s finance ministry.
This follows the release last week of details of the free trade agreement concluded in December, which is expected to add $653 billion ($728bn) a year to the Australian economy………………………………………..Full Article: Source


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