South Korea to prepare liquidity support for firms hit by US tariffs
ReutersApr 6, 2025 11:18 PM
SEOUL, April 7 (Reuters) - The chief of South Korea's financial regulatory agency said on Monday that authorities would prepare to provide liquidity support to companies hit by U.S. tariffs.
Authorities will also prepare a market stabilisation programme worth 100 trillion won ($68.61 billion) to be ready to inject liquidity any time, said Kim Byoung-hwan, chairman of the Financial Sercvices Commission.
($1 = 1,457.5200 won)
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