South Korea in talks with US on various ways to set up FX swap, minister says

SEOUL, Oct 13 (Reuters) - South Korea is discussing with the U.S. various ways to set up a bilateral foreign exchange swap line as part of a trade deal to contain the impact of proposed U.S. investments on the domestic currency market, the country's finance minister said on Monday.

Minister Koo Yun-cheol made the comment as he answered a lawmaker's question about the need to request for a conditional swap line, if not an unlimited one.

Koo said he saw the maximum amount of direct investment in the U.S. South Korea can make each year at around $20 billion, without depleting central bank reserves, compared with $350 billion included in a deal reached in July.