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Bank of Korea denies report of FX swap with U.S. Fed likely this week

Credit: REUTERS/KIM HONG-JI

September 20, 2022 — 08:55 pm EDT

Written by Choonsik Yoo for Reuters ->

SEOUL, Sept 21 (Reuters) - South Korea's central bank denied a local online media report on Wednesday that a currency swap arrangement with the U.S. Federal Reserve would be announced as early as this week.

The Bank of Korea said in a brief statement that the report is not true.

(Reporting by Choonsik Yoo Editing by Shri Navaratnam)

((choonsik.yoo@thomsonreuters.com; +822 6936 1464;))

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