SEOUL, June 17 (Reuters) - South Korea's central bank on
Thursday said it has agreed to renew an existing currency swap
agreement with the U.S. Federal Reserve for another three months
to at least Dec. 31, 2021.
The bilateral $60 billion currency swap deal was first
signed in mid-March last year to prevent the coronavirus
pandemic from causing a global economic rout and help stabilise
the local currency market.
The Bank of Korea, however, had suspended dollar auctions
after injecting a total of $19.872 billion through six separate
(Reporting by Joori Roh
Editing by Chris Reese)