Finance Ministry says S. Korea has resilience to cushion itself from external shocks
- 5 years ago
기재부 "韓 금융시장, 외부 충격 완충할 복원력과 여력 있어"
With economic uncertainties growing around the world, South Korea's finance ministry believes the country has the ability to cushion itself from external shocks.
In a meeting with related institutions today,... the vice minister of finance, Kim Yong-beom, said... South Korea has the economic resilience to fight off various economic risks and that it's important to deal with the current situations in a calm and rational manner.
Kim said... the world is seeing investors move into safe havens,... a decline in major stock markets... and lower yields on bonds.
He added that despite all the uncertainties,... South Korea has maintained a good credit rating and strong foreign exchange reserves.
With economic uncertainties growing around the world, South Korea's finance ministry believes the country has the ability to cushion itself from external shocks.
In a meeting with related institutions today,... the vice minister of finance, Kim Yong-beom, said... South Korea has the economic resilience to fight off various economic risks and that it's important to deal with the current situations in a calm and rational manner.
Kim said... the world is seeing investors move into safe havens,... a decline in major stock markets... and lower yields on bonds.
He added that despite all the uncertainties,... South Korea has maintained a good credit rating and strong foreign exchange reserves.