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Japan finance minister: forex swap with India intended to function as safety net

Updated : October 30, 2018 07:04 AM IST

Speaking to reporters, Aso also said the $30 billion currency swap deal Japan signed with China last week would support Japanese companies and banks operating in China if they had trouble exchanging yen for yuan.
Japan and India signed a $75 billion bilateral currency swap agreement on Monday during Indian Prime Minister Narendra Modi's visit to Tokyo.
Japan finance minister: forex swap with India intended to function as safety net

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