South Korea to ready tools for FX liquidity supply
FILE PHOTO: South Korea's President Yoon Suk-yeol holds his first official news conference, after taking office in May, to mark 100 days in office, in Seoul, South Korea August 17, 2022. Chung Sung-Jun/Pool via REUTERS
SEOUL : South Korea's finance ministry said on Friday it would prepare to have tools ready for the authorities to supply foreign exchange liquidity to financial institutions if needed.
It made the remark in a statement released after a meeting presided over by President Yoon Suk-yeol to check on the country's economic situation, including the worsening current account balance.
Source: Reuters
