SEOUL (Reuters) – South Korea will space up a channel to present international-forex funds to native financial corporations by repurchase agreements to forestall any short shortage in liquidity from constructing proper into a systemic likelihood, Vice Finance Minister Kim Yong-beom talked about on Tuesday.
Authorities also will proceed to show screen financial markets and liquidity flows as the financial affect from the coronavirus pandemic persists, he beneficial a assembly, noting other risks including U.S.-China tensions would possibly doubtless maybe heighten volatility.
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