South Korea regulator is ready to deploy 10 trln won stock market stabilization fund anytime -Yonhap

Dec 4, 2024
south-korea-regulator-is-ready-to-deploy-10-trln-won-stock-market-stabilization-fund-anytime-yonhap

Reuters

Currency dealers walk past an electronic board showing the Korea Composite Stock Price Index (KOSPI) at a dealing room of a bank in Seoul · Reuters

Reuters

SEOUL (Reuters) – South Korea’s financial regulator said on Wednesday that it was ready to deploy 10 trillion won ($7.07 billion) in a stock market stabilization fund any time, the Yonhap news agency said.

($1 = 1,414.8600 won)

(Reporting by Hyonhee Shin; Editing by Leslie Adler)

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