PH, Japan renew swap arrangement

By Mayvelin U. Caraballo

Jan 05, 2022 12:26 am

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

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

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