S.Korea, Japan to end expanded currency swap deal - Seoul

SEOUL, Oct 9 (Reuters) - South Korea and Japan have agreed to let their expanded currency swap arrangements introduced a year ago expire at the end of this month as scheduled, the Bank of Korea said in a statement on Tuesday.

The value of bilateral currency swap arrangements between the two neighbouring economic powerhouses will now return to $13 billion from $70 billion previously, it said in a statement.

(Reporting by Choonsik Yoo; Editing by David Chance)

((choonsik.yoo@thomsonreuters.com)(+822 3704 5580)(Reuters Messaging: choonsik.yoo.thomsonreuters.com@reuters.net))

Keywords: KORA JAPAN/SWAP