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South Korea to Stabilize Markets with Unlimited Measures, Government Confirms
Dec 3, 2024, 03:44 PM
South Korea's government, following internal meetings, has announced its readiness to implement comprehensive measures to stabilize financial markets if necessary. This includes providing unlimited liquidity to address any potential disruptions, as stated by a central bank official and confirmed by a government statement.
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Markets
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Yes • 50%
Official announcements from the South Korean government or central bank
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Financial market reports and indices such as KOSPI
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Official announcements from the South Korean central bank
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Official government or central bank reports detailing intervention measures
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Government intervention • 25%
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Financial analyses and reports from credible sources