BOK nominee Shin says ready to respond to excessive FX volatility
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Source: South Korea
Published: 2026-04-13 15:21 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, South Korea, Economy & Finance, Business & Economy, Asia Pacific
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Snippet:
SEOUL, April 13 (Yonhap) -- Shin Hyun-song, the Bank of Korea (BOK) governor nominee, said Monday that authorities stand ready to respond to excessive foreign exchange volatility if needed, though the won's recent weakness does not signal a crisis given South Korea's ample foreign currency reserves and strong economic fundamentals.
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