S.Korea advises local banks to manage FX liquidity conservatively


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SEOUL — South Korea’s financial regulator

said it advised local banks on Tuesday to manage

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foreign-exchange liquidity positions in a more conservative

manner than before given the possibility of the dollar’s

strength persisting for a long time.

(Reporting by Choonsik Yoo; Editing by Muralikumar

Anantharaman)



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