BOK to supply more liquidity

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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.


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