In its latest assessment of the South Korean economy, the International Monetary Fund says that the Korean financial system has become less vulnerable since 2008 due to the concerted efforts of the authorities. External buffers have been strengthened, with higher foreign reserves and bilateral swap lines, while short-term debt has been reduced. IMF
Subject to the Terms of Usages of UNifeed, UNifeed materials are available free of charge for news purposes only. UNifeed materials may not be sold or redistributed to third parties without the prior written consent of the UN or the UN entity which is source of the UNifeed material. All users of UNifeed materials must provide due credit to the United Nations or any UN entity source(s) in their use and broadcast of UNifeed materials.