• USD/KRW jumps to 1,300 after S. Korea sets more steps to cut living costs

Market news

8 July 2022

USD/KRW jumps to 1,300 after S. Korea sets more steps to cut living costs

South Korean Finance Ministry announced measures worth some 810 billion won ($624.84 million) to lift the pressure off people's living costs, including removal of tariffs on some food imports and increased welfare support for low-income earners, Reuters reports.

 

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