South Korea to monitor financial markets against North Korea risks: Vice Finmin

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Seoul | Published: September 9, 2016 11:43:06 AM

South Korea's vice finance minister on Friday said the government will closely monitor financial markets and guard against geopolitical risks linked to North Korean actions, and promised to take measures to stabilize markets if needed.

The government expects North Korea's nuclear test to have limited negative impact on the economy, Choi Sang-mok said, in a meeting with officials from the central bank and regulator that was urgently scheduled in Seoul. (Reuters)The government expects North Korea?s nuclear test to have limited negative impact on the economy, Choi Sang-mok said, in a meeting with officials from the central bank and regulator that was urgently scheduled in Seoul. (Reuters)

South Korea’s vice finance minister on Friday said the government will closely monitor financial markets and guard against geopolitical risks linked to North Korean actions, and promised to take measures to stabilize markets if needed.

The government expects North Korea’s nuclear test to have limited negative impact on the economy, Choi Sang-mok said, in a meeting with officials from the central bank and regulator that was urgently scheduled in Seoul.

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