The South Korean finance minister expressed close attention to the fluctuation of the foreign exchange market.
The South Korean Minister of Finance and Economy said at the meeting that South Korea has been highly concerned about foreign exchange market fluctuations since the outbreak of the Iran war. If the exchange rate of the South Korean won deviates excessively from the economic fundamentals, South Korea will take timely countermeasures. Three tax support measures aimed at stabilizing the foreign exchange market will be submitted to the full session of the National Assembly for deliberation on Thursday; if approved and implemented quickly, it is expected to help stabilize the market. The government will actively support South Korea's inclusion in the world government bond index in April.
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