South Korea's Finance Ministry: To Closely Monitor Whether Stock Market Volatility Spreads to Bond, FX, and Money Markets

PANews, October 16 - According to Cailian Press, South Korea's Finance Ministry issued a statement saying it will closely monitor whether stock market volatility spreads to bond, foreign exchange, and money markets. The government and related agencies will strengthen stock market monitoring and respond sternly to any actions that disrupt market order. The statement said that strong economic growth expectations, current account surpluses, and favorable corporate earnings indicate that the fundamentals of South Korea's stock market remain solid.