Tag: volatility

volatility

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Financial Supervisory Service Gov. Lee Chan-jin, left, Bank of Korea Gov. Shin Hyun-song, second from left, Finance Minister Koo Yun-cheol, third from left, and Financial Services Commission Chairman Lee Eog-weon pose for a photo in Seoul on June 4. [YONHAP]

Finance minister vows 'immediate' response to foreign exchange volatility

Korea's finance minister on Thursday vowed to take "immediate measures" when necessary to address excessive volatility in the foreign exchange market amid the recent sharp decline of the won against the greenback.

2026.6.4

Bank of Korea Gov. Rhee Chang-yong speaks in a press conference on inflation held in central Seoul on Dec. 17. [BOK]

Forex rate won't trigger crisis, but inflation and inequality at risk, says BOK chief as won hits its weakest in 8 months

The won surged past 1,480 against the dollar on Wednesday, defying months of government efforts to support the currency and stoking inflation worries, though the central bank says the level is not severe enough to trigger a financial crisis.

2025.12.17

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Finance Minister Koo Yun-cheol speaks on Korea’s foreign exchange market at a press conference held at the government complex in Sejong on Nov. 26. [MINISTRY OF ECONOMY AND FINANCE]

FX authorities, NPS consultative body not a temporary mechanism to ensure won's stability, Finance Ministry says

The new consultative body formed last week between foreign exchange (FX) authorities and the National Pension Service (NPS) is not a short-term measure to stabilize the won, said the Ministry of Economy and Finance on Wednesday.

2025.11.26

Watch the volatility — not fall — of the regime

We must be ready for volatility in the regime, which may escalate over the next few years. The fate of the Korean Peninsula will depend on our readiness.

2024.10.9

First Vice Finance Minister Bang Ki-sun speaks during a meeting with other economy-related vice ministers held in Seoul on Friday. [MINISTRY OF ECONOMY AND FINANCE]

Volatility in current account to continue through April: Vice finance minister

Korea is expected to continue experiencing volatility in its current account through this month, the vice finance minister said Friday, with the government set to roll out various measures to revitalize the tourism industry and boost domestic...

2023.4.7

Electronic display boards show the Kospi falling and the won declining against the dollar at Hana Bank in central Seoul on Tuesday. [JANG JIN-YOUNG]

Stocks fall for sixth day, Kospi below 2,500

With the Kospi down for a sixth day straight, the finance minister said that the country faces a "complex crisis" and called on the ministry to keep an eye on government finances.

2022.6.14

Savings accounts gaining popularity as stocks drop

Savings accounts are gaining popularity as stocks remain volatile due to interest rate concerns and the threat of war in Ukraine.

2022.2.16

Kospi the world's most volatile market in 2020, FKI says

The Kospi was more volatile than all other major indexes, according to a report from the Federation of Korean Industries (FKI).

2021.2.2

Doh Kyu-sang, FSC vice chairman, attends a visual meeting on financial industry's risk at the government complex in Seoul on Tuesday. [YONHAP]

Leveraged punters worry the financial regulators

Individuals borrowing money to buy stocks and properties are worrying the regulators.

2021.1.26

Gov't to monitor market volatility as bond yield spread widens

Korea will closely monitor a potential increase in volatility of the financial markets as the yield spread between short- and long-term state bonds is increasing, the vice finance minister said Tuesday.

2021.1.19