South Korea's foreign currency liquidity stable
Seoul shares
Seoul - Yonhap
South Korea's foreign currency liquidity remains sound enough to buffer against the impact of the end of U.S. quantitative easing and a rate hike, the country's financial watchdog said Friday.
The U.S. Federal Reserve this week decided to stop its monthly purchase of US$15 billion worth of bonds from next month, signaling the end of a fiscal policy that was meant to keep long-term interest low to boost the economy.
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