SEOUL, June 10 (Xinhua) – Bank of Korea will inject US $ 12 billion into its first round of dollar-denominated lending with a US Federal Reserve in an attempt to make the currency market richer. Stability.

The 30-minute online auction begins at 10am and lenders will be allowed to apply for $ 2 billion in seven-day debt, the central bank said in a statement. And $ 10 billion in 84-day loans.

The minimum bidding rate starts at 0.322 percent per year for seven-day debt and 0.3210 percent for longer-term loans. Successful bidders will receive the dollar next Thursday. By: Chhouk Bora