Text Version
RSS Feeds
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  -Text Version
  -RSS Feeds
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
S Korea's central bank extends $450 mln loans to local banks
+ -
14:49, September 22, 2009

 Related News
 Thai PM says economy already bottomed out
 Australian treasurer urges global leaders to maintain economic stimulus measures
 Highlights of ADB report on developing Asia's economic outlook
 Hyundai heir may suffer growing pains
 Economic growth of India to recover to 6% in 2009: ADB
 Comment  Tell A Friend
 Print Format  Save Article
South Korea's central bank said on Tuesday that it has rolled over 450 million U.S. dollars in loans to local banks in a bid to provide them with foreign currency liquidity.

According to the Bank of Korea (BOK), the loan was tapped from the nation's 30 billion-U.S. dollar currency swap line with the U.S. Federal Reserve, and auctioned off to six local lenders.

The 84-day loans were lent, bearing an average interest rate of0.773 percent, according to the BOK.

As of Tuesday, the central bank's outstanding loans from the Fed credit swap line stood at 4.05 billion U.S. dollars, it added.


  Your Message:   Most Commented:
World's top ten most mysterious and horrible spots
Indian media stinks up public opinions
Which country has the most beautiful women?
Baby alien found by Mexican farmer
How do India's middle school textbooks portray China?

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved