# S. Korea to examine FX trading rules to ensure dollar liquidity - The Korea Herald

> South Korea plans a comprehensive review of its foreign exchange trading rules to keep dollar liquidity adequate during the coronavirus pandemic, Vice Finance Minister Kim Yong-beom said. Banks' foreign exchange liquidity coverage ratio was eased to 70% from 80% in March, and a $60 billion dollar swap line with the US Federal Reserve is in place. Short-term external debt rose in the first quarter.

- Date: 2020-05-21 · published 2020-05-21T12:00:00.000Z
- Category: policy · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/53371-s-korea-to-examine-fx-trading-rules-to-ensure-dollar-liquidity-the-korea-herald
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Measures to ensure dollar supply support the won and stabilise Korean financial markets, with little direct effect on feed commodity flows. The story is a policy signal rather than a price driver.

## Read by commodity

- USDKRW: neutral

## Sources

- koreaherald.com: https://www.koreaherald.com/article/2317098

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.