Loads of 'intervention' sort feedback popping out of a nervous South Korea

South Korea’s finance minister, Choi Sang-mok, spoke at a gathering with prime financial and monetary policymakers to evaluate the implications of the U.S. Federal Reserve’s coverage assembly consequence.

• mentioned authorities will reply in a well timed method if volatility heightens excessively
• authorities’s 24-hour monitoring system, which had been run to observe the Center East state of affairs, could be expanded to cowl monetary and overseas change markets

Financial institution of Korea with related:

• to steep up market monitoring
• will assess affect of recent US administration

USD/KRW replace:

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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