Bank of Korea: Banks, securities companies and insurance companies involved in foreign exchange business can now freely invest i
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币界网报道：The Bank of Korea said that banks, securities companies and insurance companies involved in foreign exchange business can now freely invest in "Kimchi bonds", but private placement of "Kimchi bonds" will still be prohibited to prevent abuse. "We expect the measure to help ease the imbalance between foreign exchange supply and demand by improving foreign exchange liquidity and easing the pressure on the depreciation of the won," said a central bank official. [Coin World]
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