Скачать или смотреть Korea's finance minister vows swift, stern measures if market instability spreads

부총리 주재 거시경제금융회의…북 핵실험 대응

"We'll step in if need be."
Seoul's finance minister has vowed immediate measures to stabilize local financial markets, if necessary,... amid escalating tensions after North Korea conducted its most powerful ever nuke test.
Kim Hyesung has the details.
South Korea's finance minister vowed on Monday to take measures to support financial markets... if instability caused by North Korea’s latest nuclear test shows signs of spreading to the real economy.

(Korean)
"There could be negative ripple effects should geopolitical risks resurface following the international community's response and any other additional provocations by North Korea."

The urgently scheduled meeting, presided by over by Finance Minister Kim Dong-yeon, was attended by senior officials, including Bank of Korea Governor Lee Ju-yeol and Financial Services Commission Chairman Choi Jong-ku, who discussed ways to deal with the potential impact of the North Korean provocation.

(Korean)
"We will hold meetings with related ministries everyday to monitor domestic and global financial markets, exports, raw materials, foreign investors' movements and so on."

On top of around-the-clock monitoring, the minister also vowed to take swift and stern policy measures to stabilize the markets according to the finance ministry's contingency plan.
Kim Hyesung, Arirang News.
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