South Korea and the United Arab Emirates have renewed their currency swap agreement worth five-point-four billion U.S. dollars,... according to the Bank of Korea.<br /> BOK Governor Lee Ju-yeol and his UAE counterpart Mubarak Al Mansoori sealed the three-year deal in Washington D.C. on Friday.<br />The deal which aims to boost financial stability for both countries was first signed in 2013, but was failed to be renewed before its expiry in 2016. <br />Terms of latest contract remains unchanged.<br />With the extention,... the swap agreement is valid until April 2022. <br />
