South Korean Finance Minister Assures Financial Market Stability

Finance chief cites financial market's sufficient crisis response capacity amid volatility

Finance Minister Koo Yun-cheol said Thursday that financial institutions have sufficient capacity to withstand crisis scenarios despite volatility in financial and foreign exchange markets. Koo made the remarks during a macroeconomic policy meeting attended by Bank of Korea Gov. Shin Hyun-song, as well as the heads of the Financial Services Commission and the Financial Supervisory Service, according to the Ministry of Finance and Economy. Koo said volatility in financial and foreign exchange mar

By The Korea Herald