ID :
22216
Wed, 10/01/2008 - 22:30
Auther :
Shortlink :
http://m.oananews.org//node/22216
The shortlink copeid
Necessary funds to be injected to stabilize foreign exchange market: official
SEOUL, Oct. 1 (Yonhap) -- South Korea will inject necessary funds to stabilize
the foreign exchange market, the government's senior economic policymaker said
Wednesday.
Finance Minister Kang Man-soo told lawmakers of the ruling Grand National Party
(GNP) that every effort will be made to prevent financial institutions from
experiencing a liquidity crunch.
The minister added that past efforts by Seoul had the effect of stabilizing the
foreign exchange and stock markets.
the foreign exchange market, the government's senior economic policymaker said
Wednesday.
Finance Minister Kang Man-soo told lawmakers of the ruling Grand National Party
(GNP) that every effort will be made to prevent financial institutions from
experiencing a liquidity crunch.
The minister added that past efforts by Seoul had the effect of stabilizing the
foreign exchange and stock markets.
