According to an SMS from South Korea's Ministry of Finance, South Korea believes that increased volatility in the foreign exchange market is worrying, and will take quick measures if necessary. Earlier on Thursday, South Korea's Finance Minister Koo Yun-chul met with officials from the Bank of Korea, the Financial Services Commission, and the Financial Supervisory Service. Market assessments show that the Bank of Japan's December 19 interest rate decision had limited impact on the financial market. Despite this, it is still necessary to pay close attention to the local financial and foreign exchange markets, and the possible differences or potential effects of the US and Japanese monetary policies may arise. The authorities will continue to monitor local and overseas financial and foreign exchange markets 24 hours a day.

Zhitongcaijing · 3d ago
According to an SMS from South Korea's Ministry of Finance, South Korea believes that increased volatility in the foreign exchange market is worrying, and will take quick measures if necessary. Earlier on Thursday, South Korea's Finance Minister Koo Yun-chul met with officials from the Bank of Korea, the Financial Services Commission, and the Financial Supervisory Service. Market assessments show that the Bank of Japan's December 19 interest rate decision had limited impact on the financial market. Despite this, it is still necessary to pay close attention to the local financial and foreign exchange markets, and the possible differences or potential effects of the US and Japanese monetary policies may arise. The authorities will continue to monitor local and overseas financial and foreign exchange markets 24 hours a day.