South Korea Finance Minister: in talks to reactivate FX stabilisation measures

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SEOUL : South Korea's finance minister said on Thursday foreign exchange authorities were in talks to reactivate market stabilising measures, including a foreign exchange swap programme between the pension fund and central bank.Minister Choo Kyung-ho said the Korean won's recent movements were largely in

SEOUL : South Korea's finance minister said on Thursday foreign exchange authorities were in talks to reactivate market stabilising measures, including a foreign exchange swap programme between the pension fund and central bank.

Minister Choo Kyung-ho said the Korean won's recent movements were largely in line with other major currencies and that the authorities would continue to closely monitor the market.

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