South Korea says will respond to excess volatility with stabilizing measures

South Korean finance ministry:

• recent market volatility is a bit excessive
• will respond with market stabilising measures

Financial markets in South Korea have been tumultuous after last week’s coup/cancelled coup.

Monday’s developments:

• South Korea’s benchmark equity index has fallen to its lowest since late April 2020

• South Korea to announce measures to improve FX liquidity by end of year

• South Korean Finance Minister vows bold and swift measures to address financial mkt swings

Bank of Korea is the central bank of South Korea.

This article was written by Eamonn Sheridan at www.forexlive.com.