, APAC
Photo by Rock Staar via Unsplash.

Thailand and Japan renew bilateral swap agreement.

The size of the BSA remains at $3b or its equivalent in yen.

Thailand and Japan’s central banks have agreed to renew their existing bilateral swap agreement (BSA), 23 July.

The size of the BSA remains unchanged at a maximum of $3b or its equivalent in Japanese yen.

The BSA is a two-way arrangement that enables both authorities to swap their local currencies in exchange for the US dollar. 

The arrangement also enables Thailand to swap the Thai Baht against the Japanese yen, the Bank of Thailand (BOT) said in a statement posted on its website.

Follow the link for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Lorem Ipsum Content on ABF
The text to display in the title bar of a visitor's web browser when they view this page. 
Lorem Ipsum
Contrary to popular belief, Lorem Ipsum is not simply random text.