South Korea Says Won Moves Excessive, Warns of Market Actions

AI Summary

South Korea's finance ministry and central bank have expressed concerns about excessive fluctuations in the dollar-won exchange rate. They have warned that they will take decisive measures if the situation does not stabilize, reflecting ongoing anxieties about market dynamics.

South Korea’s finance ministry and the central bank said they were closely monitoring the dollar-won exchange rate and warned they would “take decisive actions if necessary.”