Bessent cites volatility in Korean won while stressing stable yen's importance
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Source: South Korea
Published: 2026-08-05 00:18 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, South Korea, US Politics, Asia Pacific
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Snippet:
WASHINGTON, Aug. 4 (Yonhap) -- U.S. Treasury Secretary Scott Bessent said Tuesday the South Korean won has experienced "excess volatility," as he underscored the importance of a stable yen for the "entire region" following a recent intervention by the United States and Japan to boost the Japanese currency.
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