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Article: DOMESTIC FINANCIAL MARKET STABLE: BANK OF KOREA.
- Article from:
- AsiaPulse News
- Article date:
- October 8, 2001
CopyrightCOPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SEOUL, Oct 8 Asia Pulse - The Bank of Korea said Monday the financial market is stable despite the U.S. retaliatory strikes against Afghanistan.
The central bank said the yield of the treasury bonds recorded 4.39 per cent as of 1:30 p.m. Monday, the same as last week.
Share prices were holding their own, although a bit weak, down 1.04 per cent as of 1:30 p.m. Stock prices were off slightly across Asia: down 1.35 per cent in Australia, 2.04 per cent in Singapore and 1.78 per cent in Taiwan. The Tokyo stock exchange was closed due to a Japanese holiday.
The situation was attributed to the fact that the ...