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S Korea to combat falling yen, lift stock market

Published Thu, Oct 2, 2014 · 09:50 PM

[SEOUL] South Korea pledged on Thursday to help exporters handle fallout from the falling yen and to boost the local stock market as the country struggles to jumpstart depressed domestic demand.

Finance Minister Choi Kyung-hwan told local journalists the accelerating depreciation of the yen had raised concerns about the potential impact on export industries. "Many people say that (the authorities) must have countermeasures ready in preparation for the yen s…

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