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South Korea Finance Minister vows to deploy measures to stabilise market volatility if needed

By Thomson Reuters Apr 14, 2024 | 6:41 PM

SEOUL (Reuters) – South Korea’s finance minister said on Monday the government will be ready to deploy necessary measures to stabilise any market volatility if needed.

“We will swiftly act according to contingency plans and will play any necessary role to respond to any excessive volatility in forex and other financial markets,” Choi Sang-mok said at a policy meeting urgently scheduled to discuss escalating tensions in the Middle East.

(Reporting by Cynthia Kim; Editing by Jacqueline Wong)