Global Trade Alert
Global Trade Alert

Republic of Korea: Measures to mitigate volatility of capital flows

Announcement

13 Jun 2010

In June 2010, the government of Republic of Korea announced a rule change for commercial cross-border financial flows.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

13 Jun 2010

Revocation date:

No revocation date

Last action: 13 Jun 2010
Controls on commercial transactions and investment instruments In force
On 13 June 2010, the Republic of Korea introduced macro-prudential measures to mitigate the volatility of capital flows. The three specific measures are:Introducing new ceilings on banks' foreign exch...
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