S. Korea’s FinMin: closely watching currency markets as USD strengthens

Dhwani Mehta FXStreet

South Korea’s Finance Minister Kim Dong-yeon was on the wires earlier today, via Reuters, noting that the government is closely watching currency markets as the won weakens, in the wake of the recent USD appreciation.

He added that the government will act to stabilize the foreign exchange market if needed.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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