IMF Executive Board Completes 1st Review of Korean Program: Activates Supplemental Reserve Facility¶
International Monetary Fund. (1997). IMF Executive Board Completes 1st Review of Korean Program: Activates Supplemental Reserve Facility: Activates Supplemental Reserve Facility.
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1 citation across 1 artifact.
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Domain-specific¶
- Lender of Last Resort
- In Korea, the IMF activated Supplemental Reserve Facility terms in December 1997 during exceptional balance-of-payments pressure following a sudden loss of market confidence.
This sourceThe brief records availability and activation, not by itself an actual draw.
- In Korea, the IMF activated Supplemental Reserve Facility terms in December 1997 during exceptional balance-of-payments pressure following a sudden loss of market confidence.
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