An employee wearing a mask to prevent contracting the coronavirus waits for a shareholder of Samsung Electronics Co. before the company's annual general meeting in Suwon, South Korea, March 18, 2020. REUTERS/Kim Hong-Ji
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.
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