Finance Minister Hong Nam-ki made the verbal intervention as the Korean currency hit an over two-year low against the greenback Wednesday amid heightened external economic uncertainty.
SEOUL: South Korea’s top economic policymaker said the government plans to take measures to stabilise the foreign exchange market, if needed, as the South Korean currency has fallen against the United States dollar at a fast pace, Yonhap reported.
Finance Minister Hong Nam-ki made the verbal intervention as the Korean currency hit an over two-year low against the greenback Wednesday amid heightened external economic uncertainty.
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