South Korea official says will monitor exports to Japan, China on fx volatility
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SEOUL] A South Korean trade ministry official said on Thursday the government will monitor shipments to Japan and China as a burst of volatility in the currency market continues to reduce the value of the won.
Vice-trade minister Woo Tae Hee said the South Korea's trade with its bigger neighbours requires "persistent monitoring" due to market volatility seen since Donald Trump's election to US president.
The won is trading at its near five-month low of 1,183.2 against the US dollar as of 0124 GMT.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
