South Korea and Malaysia renew currency swap line

Bank of Korea and Bank Negara Malaysia resume arrangement that lapsed in 2023

Bank of Korea, Seoul
The Bank of Korea

The central banks of South Korea and Malaysia renewed their bilateral currency swap arrangement for three more years.

The arrangement between the Bank of Korea (BoK) and Bank Negara Malaysia (BNM) is effective until May 12, 2027. It can be further extended by mutual consent, the central banks said in a joint statement on May 13.

Under the renewed agreement, the two central banks are allowed to exchange up to 5 trillion won ($3.65 billion), or 15 billion ringgit ($3.17 billion). The size of the new

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.