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(AFX UK Focus) 2010-06-22 01:52 S.Korea to cut forex derivatives ceiling -report
(AFX UK Focus) 2010-06-22 01:52 S.Korea to cut forex derivatives ceiling -report
SEOUL, June 22 (Reuters) – South Korea plans to lower the ceiling on currency derivatives positions at the local branches of foreign banks, a local online news provider reported on Tuesday, citing a senior Finance Ministry official. The report by Infomax quoted Kim Ik-joo, head of the ministry’s international finance bureau, as saying the ceiling would be gradually lowered from the 250 percent …
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