Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
 -
 -
S Korean president vows not to intervene in foreign exchange market
+ -
21:03, November 21, 2008

 Related News
 Philippine peso breaches 50:1 mark against U.S. dollar
 Central bank governor: Japan to continue to face severe economic situation
 S Korean central bank injects $1.32 bln to financial system
 Oman to set up fund worth $390 mln to boost stock market
 NZ dairy giant Fonterra slashes forecast payout for farmers
 Comment  Tell A Friend
 Print Format  Save Article
South Korean President Lee Myung-baksaid that his government has no intention to intervene in the foreign exchange market, South Korea's Yonhap News Agency reported on Friday.

"The economy should be allowed to roll on its own. An external shock is not desirable," said Lee, who is conducting a state visit to Peru, to South Korean journalists in Peru.

Lee's remarks came as the value of the won dipped below 1,500 won against one U.S. dollar earlier on Friday.

Source: Xinhua



  Your Message:   Most Commented:
World's largest pinata unveiled in Philadelphia 
Two Chinese sue Apple for patent infringement 
Tensions high in Gaza city
Is Obama going to reshape the American image? 
Profile: Barack Obama -- U.S. president-elect

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90778/90858/90863/6538400.pdf