S. Korea’s FinMin Kim: to require steps on forex no matter currency level

Reuters reports the most recent comments from South Korea's Vice minister of finance Kim Yongbeom, talking concerning probably intervention ought to the markets move become excessive, within the face of escalating US-China trade war.

Key Quotes:
Not fascinating for won to too locomote yuan.

To take steps on forex no matter currency level.



To take steps on fx if market becomes unstable. 

To take stern steps if fx moves ar excessive.

Watching the yuan, that is what is influencing the Won.

USD/KRW hit two-week highs at 1220.55 on the higher than comments, currently consolidating close to 1218 levels, taking cues from the sentiment round the Chinese Yuan.

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