US EditionJapan, South Korea ready to act against FX volatility, ministers say
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7 Articles
Koo Yun-chul: Won Weakness Cannot Be Resolved by Verbal Intervention... Middle East Stabilization is Key. Deputy Prime Minister and Minister of Finance and Economy Koo Yun-chul stated on the 14th that the key factor regarding the sharp decline in the value of the won is how quickly the situation in the Middle East stabilizes. On the day of his visit to Japan, Deputy Prime Minister Koo [met with] Satsuki Katayama in Tokyo, Japan
Japan, South Korea ready to act against FX volatility, ministers say
TOKYO/SEOUL, March 14 (Reuters) – Japan and South Korea expressed concern on Saturday about the rapid declines in their currencies, saying they were ready to act against excessive foreign-exchange volatility. Finance Ministers Satsuki Katayama of Japan and Koo Yun-cheol of South Korea “expressed serious concern over the recent sharp depreciation of the Korean won and the Japanese yen,” they said in a statement after their annual meeting in Tok…
Japan, South Korea ready to act against FX volatility, ministers say - Regional Media News
TOKYO/SEOUL, March 14 (Reuters) - Japan and South Korea expressed concern on Saturday about the rapid declines in their currencies, saying they were ready to act against excessive foreign-exchange volatility. Finance Ministers Satsuki Katayama of Japan and Koo Yun-cheol of South Korea "expressed serious concern over the recent sharp depreciation of the Korean won and the Japanese yen," they said in a statement after their annual meeting in Tokyo…
Finance minister says verbal intervention possible over sharp won decline
TOKYO, March 14 (Yonhap) -- Finance Minister Koo Yun-cheol said Saturday the government may carry out verbal intervention to curb the won's sharp decline if necessary, as the conflict involving Iran has fueled volatility of the Korean currency. T
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