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S. Korea to Consider Easing Macroprudential Measures: Finance Minister
Source: english.yonhapnews.co.kr
Source Date: Sunday, October 12, 2014
Focus: Knowledge Management in Government
Country: Korea (Republic of)
Created: Oct 15, 2014

South Korea will consider easing its macroprudential measures in order to better cope with foreign capital outflows that could be caused by rate hikes in the United States and other advanced countries, the its finance minister said Saturday.

Since 2010, the Seoul government has implemented three sets of measures aimed at tightening regulations on excessive cross-border money flows, including curbing banks' foreign exchange forward positions and levying on banks' non-core foreign liabilities. 

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