Bank Negara said this bilateral swap arrangement enables both authorities to swap their local currencies (that is yen and ringgit, respectively) for US dollar.
KUALA LUMPUR: Bank of Japan, acting as agent of the Minister of Finance of Japan, and Bank Negara Malaysia had on Friday signed the second bilateral swap arrangement (BSA).
In a statement, Bank Negara said this BSA enables both authorities to swap their local currencies (that is yen and ringgit, respectively) for US dollar.
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