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View Full Version : South Korea Imposes Levy on Foreign Exchange Borrowings to Stop Outflows - Bloomberg



NewsWhore
12-19-2010, 12:50 AM
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South Korea Imposes Levy on Foreign Exchange Borrowings to Stop Outflows (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHJJdsm4LXXOyxXs154MH1DVv5Dxw&url=http://www.bloomberg.com/news/2010-12-19/south-korea-imposes-levy-on-foreign-exchange-borrowings-to-stop-outflows.html)
Bloomberg
The toll will be imposed on non-deposit foreign-currency liabilities held by all domestic and foreign banks, according to a joint statement released today ...

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