Tuesday, 04 Feb 2020 08:31 AM MYT
SEOUL, Feb 4 ― South Korea will swiftly take measures to stabilise its financial markets in case of increased volatility amid growing concerns about the economic impact of the rapidly spreading new coronavirus in China and other nations, a senior government official said today. “If volatility rises in financial and currency markets, authorities will swiftly and firmly take stabilisation measures,” Kim told the meeting.Kim also warned against price-rigging of face masks, saying the government will punish those who engage in price-rigging as demand for face masks surges.
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