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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: S.Korea c.bank to recover all FX loans to banks Reuters - Monday, August 3 SEOUL, Aug 3 - South Korea's central bank said on Monday it planned to call in all remaining foreign-currency loans from local banks at their maturity this week as domestic foreign-exchange liquidity conditions had improved. ADVERTISEMENT The Bank of Korea will withdraw all the $600 million in loans it had provided to local banks in currency swaps when they come to maturity on Thursday, it said in a statement. South Korean banks had borrowed a total of $10.27 billion from the Bank of Korea between Oct. 21 and Dec. 16, 2008, to meet their foreign-exchange fund needs and have so far paid back all but $600 million as the funding situation has improved. Email Story IM Story Printable View Blog This Sign in to recommend this article » 0 users recommend Related Articles: Business Deals of the day -- mergers and acquisitionsReuters - Monday, August 3 TABLE-S.Korea's GM Daewoo July sales down 43 pctReuters - Monday, August 3 Indian bond yields steady; supplies weighReuters - Monday, August 3 Yuan volatilities at 2-mth low on stable yuan policyReuters - Monday, August 3 TCS, Wipro in race for $522 mln rail deal -reportReuters - Monday, August 3 Most Popular – Business Viewed Organic food not healthier, says British study Comets probably won't cause the end of life as we know it: study Beer flows as Obama tries to cool down a hot furor Madonna writes of her spiritual awakening Swine flu: rich nations' spending spurs ethics row View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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