Renewal of Bilateral Local Currency Swap Arrangement between Bank of Thailand and Bank of Japan
BOT Press Release No. 11/2026 | 30 Mar 2026
The Bank of Thailand and the Bank of Japan have renewed the Bilateral Local Currency Swap Arrangement (BSA) for a further three-year period until 30 March 2029.
The arrangement was first established in 2020 and has since been successively renewed. The BSA is designed to enhance the financial stability of the two countries. It allows for the exchange local currencies between the two central banks of up to THB 240 billion or JPY 800 billion, thereby enabling them to provide Thai Baht or Japanese Yen liquidity
to eligible financial institutions in Thailand and Japan.
Bank of Thailand
30 March 2026
