© Reuters. FILE PHOTO: South Korea’s President Yoon Suk Yeol addresses the 77th Session of the United Nations General Assembly at U.N. Headquarters in New York City, U.S., September 20, 2022. REUTERS/Brendan McDermid/File Photo
SEOUL (Reuters) -South Korean President Yoon Suk-yeol said on Friday the government would take steps to spur capital inflows and ease dollar supply-demand imbalance, adding that uncertainty has expanded on foreign exchange and other markets.
“The government will strengthen the safety valve by taking steps to improve the dollar supply-demand situation on the foreign exchange market,” a presidential office statement quoted Yoon as saying at a meeting of economy ministers.
He also said preparation to re-activate a stock market stabilisation fund would be completed during this month and that the government would take steps to spur foreign investment in local stock and bond markets.
