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BOT Press Release No. 19/2020


Establishment of Bilateral Local Currency Swap Arrangement between Thailand and Japan

          ​The Bank of Thailand (BOT) and the Bank of Japan (BOJ) today signed the Bilateral Local Currency Swap Arrangement (BSA). This BSA is designed to enhance the financial stability of the two countries. It allows for the exchange of local currencies between the two central banks of up to THB 240 billion or JPY 800 billion, enabling both central banks to provide Thai Baht or Japanese Yen liquidity to eligible financial institutions in support of their cross-border operations.

          With the increasing economic and financial linkages between Thailand and Japan, the additional channel of central bank’s liquidity provision through this swap arrangement will reinforce the stability of the financial system and further promote the usage of local currencies.

          The BSA is effective as of 31 March 2020 for a period of three years.

Bank of Thailand
31 March 2020

For further information, please contact: International Department
Tel: +66(0) 2283 6184
E-mail: IND-Cooperation@bot.or.th  

>>​Download​​ Press PDF

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About BOT
  • Roles & History
  • Laws And Regulations
  • Organization And Executives
  • Committee
  • Financial Reports
  • Banknotes
  • Museum
Monetary Policy
  • Monetary Policy Committee (MPC)
  • Monetary Policy Target
  • Schedule of Meetings
  • MPC Meeting Results
  • MPC Publications
  • MPC Knowledge
  • Economic Conditions
  • Regional Economy
  • Research and Conference Papers
Financial Institutions
  • Financial Institutions Policy Committee
  • Thailand’s Financial Institutions​
  • BOT Roles and Responsibilities
  • Financial Institutions Supervision in Practice
  • Financial Institutions Policy
  • Supervision of Other Financial Corporations
  • Supervisory Coordination
Financial Markets
  • Monetary Operations
  • Financial Market Development
  • Foreign Exchange Market
  • Foreign Reserves Management
  • Foreign Exchange Regulations
  • Thai Reference Rate and LIBOR Transition
  • Bond Investor Registration
Payment Systems
  • Payment Systems Committee (PSC)
  • Payment Systems Policy
  • Oversight of Payment Systems
  • Payment Systems Act
  • Oversight of e-Payment Service Providers
  • BOT's Payment System Services
  • Payment Systems Standards
  • Payment Systems Notification & Circulars
  • Cross-border Payment
  • Financial Technology
Statistics
  • Financial Markets
  • Economic and Financial
  • Financial Institutions
  • Payment Systems
  • Regional Economic and Financial
  • Key Economic Indicators
  • Selected Recent Developments
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