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Financial Market Stabilization Plan

Posted October. 20, 2008 08:44,   

Financial Market Stabilization Plan

The government will provide 100 billion U.S. dollars in financial guarantees for external debts of Korean banks. Starting from the left, Bank of Korea Governor Lee Seong-tae, Strategy and Finance Minister Kang Man-soo and Financial Services Commission Chairman Jun Kwang-woo announce yesterday financial stabilization measures at the Bank Center in Myeong-dong, central Seoul.



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