FX volatility likely to ease if Middle East tensions subside: banks
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Source: South Korea
Published: 2026-04-07 16:32 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, South Korea, Economy & Finance, Financial Markets, World News, Business & Economy
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Snippet:
SEOUL, April 7 (Yonhap) -- Officials from major global investment banks and local lenders said Tuesday volatility in the South Korean foreign exchange (FX) market is expected to ease when tensions in the Middle East subside given the country's solid economic fundamentals and stable foreign currency liquidity, according to the finance ministry.
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