PH, Japan renew swap deal for US dollars

By Mayvelin U. Caraballo

Jan 04, 2022 2:34 pm

PHILIPPINE and Japanese central banks can continue to swap their local currencies for United States dollars after renewing their bilateral swap agreement (BSA).

The Bangko Sentral ng Pilipinas (BSP) said in a statement on Tuesday that the BSA was renewed at the beginning of this year.

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