Tuesday, October 22, 2013

S. Korea, Indonesia agree to sign won-rupiah currency swap deal

South Korea and Indonesia have agreed to sign a won-rupiah currency swap deal worth $10 billion, a move aimed at strengthening financial cooperation between the two countries, the finance ministry here said Sunday.

The agreement was made between South Korea's Finance Minister Hyun Oh-seok and his Indonesian counterpart during a meeting in Washington on Saturday. Hyun is there to attend the annual meetings of the International Monetary Fund and the World Bank. 

Clicck here to read more at the Korea Herald


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