Friday, July 1

S.Korea finmin reaffirms will to act on FX market if necessary

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SEOUL — South Korea’s finance minister reiterated the FX authorities’ recent stance on Monday that they would take necessary steps to stabilize the currency market in case of excessive volatility.

Finance Minister Choo Kyung-ho declined to comment on a specific USD/KRW exchange rate level when asked by reporters. (Reporting by Jihoon Lee)

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