25.06.2013 - Japan, South Korea let more currency swaps expire
Japan and South Korea agreed to end part of their currency swap contract next month as scheduled, reducing its overall size to $10 billion from $13 billion, the Finance Ministry said Monday. The two countries “have reached the conclusion that they will not extend the term of yen-won swaps between their central banks worth $3 billion, which will expire July 3,” the ministry said...............................................Full Article: Source
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