Young Journalists Club | Latest news of Iran and world

News ID: 15095
Asia » Asia
Publish Date: 10:27 - 03 November 2017
TEHRAN, November 3 -South Korea’s finance minister pledged on Friday to take policy measures to stabilize the financial market should risks related to North Korea arise.

South Korea says will act to stabilize markets if North Korea risks resurfaceTEHRAN, Young Journalists Club (YJC) - South Korea’s finance minister pledged on Friday to take policy measures to stabilize the financial market should risks related to North Korea arise.

“Should North Korea risks resurface and financial market volatilities widen, swift and stern responses will be made,” Kim Dong-yeon said at a meeting with other ministers in Seoul.

Kim said that while the benchmark KOSPI was breaking record highs on robust foreign buying, uncertainties related to monetary policies of the European Central Bank persist in the financial market.

The South Korean won KRW=KFTC is trading near the year's high. As of 0614 GMT, it was at 1,113.7 per dollar.

Source: Reuters

 
Your Comment
Name:
Email:
* Comment:
* captcha: