Financial institution of Korea: Will enhance brief time period liquidity measures beginning Wednesday
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- Financial institution of Korea (BOK) will enhance short-term liquidity measures beginning Wednesday
- Will loosen collateral insurance policies in repo operation to ease any bond market jitters.
- Will deploy varied measures to stabilize FX market as wanted
- Will make any particular loans out there to inject funds into markets if wanted.
The Authorities are doing all they will to stabilize markets and flows after the martial legislation risk.
South Korea’s Kospi nonetheless stays beneath stress with index down -46.1 a factors or -1.86% at 2453.69.
This text was written by Emma Wang at www.ubaidahsan.com.
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