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13 Mar 2020

S. Korea FinMin Official: Don't see any problem in local financial institutions' fx liquidity

Reuters reports the latest comments from a South Korean Finance Ministry Official, with the key headlines noted below.

Don't see any problem in local financial institutions' fx liquidity.

Govt, BOK are closely monitoring fx liquidity status at local markets.

Rising cost of dollar funding in S. Korea seem temporary.

Mar 13, 2020

JP Morgan forecasts a US recession for 2020

JP Morgan has revised its US gross domestic product (GDP) forecast to -2 percent annualized growth in the first quarter of 2020, and -3 percent in the
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Mar 13, 2020

Japan’s top currency diplomat Takeuchi: Govt, BOJ stand ready to work as one vs. virus outbreak

According to Japan’s top currency diplomat Takeuchi, the government and the Bank of Japan (BOJ) stand ready to work as one vs. virus outbreak. Further
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