The Bank of Korea and the Reserve Bank of Australia have since renewed the agreement several times. ($1 = 1,246.9200 won) ($1 = 1.4432 Australian dollars) (Reporting by Choonsik Yoo; Editing by Subhranshu Sahu)
SEOUL, Feb 6 (Reuters) - South Korea's central bank said
it renewed on Monday a currency swap agreement with its
Australian counterpart, valued at 9.6 trillion won or A$12
billion, for five years until early 2028.
The agreement, first signed in 2014, allows either party to
exchange funds in own currency for the other currency under
pre-set terms.
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