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Thursday, March 26, 2026
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South Korea to carry out bond buyback, raise fuel price cap to cushion blow from Iran conflict

SEOUL, March 26: South Korea on Thursday said it will carry out a 5 trillion won ($3. 32 billion) emergency bond buyback and expand fuel tax cuts starting Friday to protect the economy from a global market rout triggered by the U. S. -Israeli war on Iran. The bond buyback will be conducted in two tranches, 2. 5

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