I posted this from South Korea's Finance Ministry over the weekend:South Korean Finance Minister vows bold and swift measures to address financial mkt swingsMore now from South Korea's finance ministry and regulators Monday statement, will make all-out efforts to stabilise financial markets by deploying contingency plans announced earlier and preparing fresh measures to improve foreign exchange market liquidity by end-December.Will work with the Bank of Korea on outright purchase of Korea Treasury Bonds (KTBs) if needed Will announce measures to improve fx liquidity in before end of December---Korea Treasury Bonds (KTBs):government securities issued by South Korea's Ministry of Economy and
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