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Sunday, December 19, 2010

South Korea » Dec-19-2010--S Korea plans levy on foreign currency bank debt

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Dec-19-2010--S Korea plans levy on foreign currency bank debt
South Korea says it plans to impose a levy on non-deposit foreign currency debt held by domestic and foreign banks in a bid to defend the country against surges of capital that could threaten its economy.
Seoul Unveils Levy on Banks' Foreign Debt
S.Korea unveils plan to levy foreign debt at banks
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