BOK to supply more liquidity

Home > Business > Finance

print dictionary print

BOK to supply more liquidity

The central bank said yesterday its policy makers have approved measures enabling it to supply greater liquidity to the country’s financial system and promote financial stability.

After holding a policy meeting, the monetary policy committee of the Bank of Korea decided to supply intra-day funds to brokerage houses and expand the scope of its open market operations, according to the bank. The law will go into effect on Dec. 17.


Yonhap

More in Finance

5-day winning streak ends as Kospi drops 0.62 percent

Debt is the latest hot product being pushed into the market

China's WeChat Pay and Seoul's Zero Pay now interoperable

Kospi sets another all-time high as optimism continues

Kim Kwang-soo named as sole candidate to head banking federation

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now