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Seoul to Introduce Tighter FX Liquidity Guidelines in 2017

Seoul to Introduce Tighter FX Liquidity Guidelines in 2017

SEJONG, June 16 (Korea Bizwire) – South Korea said Thursday that it will apply tighter liquidity regulations on foreign exchange reserves to its banking operations starting next year to strengthen the liquidity positions of local financial institutions.   The Ministry of Strategy and Finance said that it will introduce the foreign exchange liquidity coverage ratio (LCR) [...]