Korea to Actively Respond to Post-Election Market Volatility
- Korea finance chief meets with policymakers including BOK Rhee
- Won weakens further against dollar after Trump’s election win
The Korea Exchange (KRX) in Seoul.
Photographer: SeongJoon Cho/BloombergThis article is for subscribers only.
South Korea said it will bolster its monitoring of financial markets and respond “actively” to ease any excessive volatility as policymakers brace for the implications of Donald Trump’s return to the White House.
The government will expand its around-the-clock monitoring of global events ranging from the Mideast conflict to financial and foreign exchange markets as authorities step up their efforts to manage risks, Finance Minister Choi Sang-mok said Friday.