South Korea to boost dollar supply to ease economic pressures
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SEOUL (Reuters) - South Korea said on Wednesday it would inject more dollars into its banking system to ensure businesses have enough funding, amid concerns about the deepening global economic impact of the coronavirus pandemic.The finance ministry and the Bank of Korea announced moves that are expected to beef up dollar supply in the market by $5 billion (4.12 billion pounds) to $10 billion, as the coronavirus causes chaos in global financial markets and a scramble for U.S. dollars...