Gov't says breakdown of N. Korea-U.S. summit has limited impact on local financial market
- 5 years ago
정부 "북미 회담 결렬, 금융시장 영향 일시•제한적"
The Korean government touched on the impact of the Hanoi summit on local stock markets.
At a meeting with financial authorities, the first vice minister of economy and finance said market volatility is limited and that Seoul has strong fundamentals including 4-hundred-5 billion U.S. dollars of foreign reserves and a strong current account surplus.
But citing external uncertainties like a possible no-deal Brexit and ongoing U.S.-China trade negotiations... financial authorities vowed to monitor markets closely and take necessary measures to help stabilize the market if necessary.
The Korean government touched on the impact of the Hanoi summit on local stock markets.
At a meeting with financial authorities, the first vice minister of economy and finance said market volatility is limited and that Seoul has strong fundamentals including 4-hundred-5 billion U.S. dollars of foreign reserves and a strong current account surplus.
But citing external uncertainties like a possible no-deal Brexit and ongoing U.S.-China trade negotiations... financial authorities vowed to monitor markets closely and take necessary measures to help stabilize the market if necessary.