South Korea prepares FX stability and liquidity measures

Market news

18 December 2024

South Korea prepares FX stability and liquidity measures

South Korean Finance Minister, Choi Sang-mok, said on Thursday that the officials will prepare foreign exchange (FX) stability and liquidity measures in the 2025 policy plan.

Key quotes

Will take market-stabilising measures if volatility is excessive.

Will prepare FX stability and liquidity measures in the 2025 policy plan.

Market reaction

At the press time, the USD/KRW pair was down 0.44% on the day to trade at 1452.88.

New Zealand ANZ Business Confidence dipped from previous 64.9 to 62.3 in December

Japan Foreign Investment in Japan Stocks fell from previous ¥482.3B to ¥-587.6B in December 13

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