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S Korea Acting President: Govt To Take Decisive, Swift Measures to Stabilize Mkt If Volatility Worsens
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South Korea's Acting President Choi Sang-mok said at a meeting with the governor of Bank of Korea (BOK) and the heads of the Financial Services Commission that the government will take bold and swift measures to stabilize the financial and foreign exchange markets if market volatility intensifies. Each institution will take all necessary precautions to maintain a 24-hour emergency monitoring and response system for the financial and foreign exchange markets, and will take decisive and swift market stabilization measures if market volatility increases, Choi added. USD/ KRW ebbed 0.2% to 1,466.3 to in Asian time zone. AAStocks Financial News |
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