South Korea's financial system stable but faces potential risks
Bank of Korea
Seoul - Yonhap
South Korea's financial system is mostly stable but faces potential risks stemming from the U.S. and the Chinese economies as well as household debt and weakening corporate profit at home, a central bank report said Thursday.
The U.S. Federal Reserve's rate hike and China's weakening growth are short- and long-term issues that may "considerably" affect the Korean economy, the Bank of Korea (BOK) said in a semiannual financial stability report.
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