South Korea finance minister says up to U.S. to review FX swap
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SEOUL, Sept 15 (Reuters) - South Korea's finance minister said on Monday he believed the U.S. was reviewing any decision on setting up a currency swap line between the two countries.
"I think the U.S. will contemplate over it," Minister Koo Yun-cheol said on the sidelines of an event in Seoul, when asked by Reuters about media reports of a South Korean request to set up a swap line.
His ministry said on Sunday it was in talks with the U.S. to minimise any impact on the dollar-won market from a $350 billion investment package in U.S. industries that is part of a trade deal between the countries.
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