South Korea sees forex liquidity shortage easing

January 13, 2009 by admin  
Filed under forex

SEOUL, Jan 13 (Reuters) – South Korean Vice Finance Minister Kim Dong-soo said on Tuesday that the country’s foreign currency liquidity shortage was gradually easing.

“The foreign currency liquidity situation is gradually improving,” Kim told a vice ministerial meeting.

He also said the government would restrain rises in public service charges as much as possible to ease inflationary pressure. (Reporting by Lee Shin-hyung, Writing by Cheon Jong-woo; Editing by Jonathan Hopfner)

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