South Korea Pledges 'Unlimited' Liquidity Measures to Stabilize Markets and Currency

Dec 3, 2024, 03:47 PM

South Korea's government and central bank announced that they are prepared to implement all possible, 'unlimited' measures, including providing unlimited liquidity, to stabilize financial markets and currency if necessary. Finance Minister stated, 'We will deploy all possible measures to stabilize currency.' Officials plan to issue updates following internal meetings.