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2025-12-18 09:27:44
[South Korean Foreign Exchange Market Volatility Raises Concerns; Authorities Say They Will Take Swift Measures] 1. South Korea's Ministry of Finance stated that the current heightened volatility in the foreign exchange market is worrying and emphasized that it will take swift countermeasures if necessary. On Thursday, Finance Minister Koo Yoon-cheol met with senior officials from the Bank of Korea, the Financial Services Commission, and the Financial Supervisory Service to jointly assess the market situation. 2. Although the market initially judges that the Bank of Japan's interest rate decision announced on December 19 will have a limited impact on the financial markets, South Korean authorities pointed out that it is still necessary to closely monitor the developments in the domestic financial and foreign exchange markets, especially the potential impact of a possible divergence in monetary policies between the United States and Japan. South Korean agencies will continue to maintain 24-hour monitoring, closely watching changes in domestic and international financial and foreign exchange markets.
