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Latest Yoon Jeung-hyun Stories

2009-05-12 07:27:53

South Korean Finance Minister Yoon Jeung-hyun said the country did not need to worry about a shortage of cash reserves similar to a crisis in 1997. Considering major indicators unveiled recently for our economy, chances are slim that we might face a financial crisis, he said, the Yonhap News Agency reported Tuesday. With current and trade accounts remaining in the black and foreign investments pouring into the local stock market, foreign reserves are expanding and the exchange rate is...