Japan and South Korea Maintain a $10 Billion Currency Swap
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AI-assisted source synthesis · not an independent investigation.
According to the summary of Finance Minister and Minister of State for Special Missions in the Cabinet Office Katayama’s press conference on October 15, released by the Financial Services Agency, Katayama denied reports of prior consultations between Japan and China, saying that no such consultations had in fact taken place. She said that the G20 reaffirmed its exchange-rate commitments and would closely monitor financial markets, but the meeting did not produce a joint statement or a chair’s statement. Regarding Japan–South Korea financial cooperation, the scale of the Japan–South Korea currency swap remains at $10 billion. The report also said that Katayama officially took office as the new chair of the World Bank–IMF Joint Development Committee.
AI-written from reports · updated 2 hours ago
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- 金融庁Summary of Finance Minister and Minister of State for Special Missions in the Cabinet Office Katayama's press conference on October 15
At a press conference, Finance Minister and Minister of State for Special Missions in the Cabinet Office Katayama denied reports of prior consultations between Japan and China, saying that no such consultations had in fact taken place. She said that the G20 reaffirmed its exchange-rate commitments and would closely monitor financial markets, while no joint communique or chair's statement was issued. The Japan-South Korea currency swap remained at 100亿美元, and she formally assumed office as the new chair of the World Bank-IMF Development Committee.
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