澳门金沙赌场_澳门金沙网址_澳门金沙网站_S. Korea says to take necessary steps i
and Moody's kept its rating on South Korea at "Aa2,澳门金沙赌场,澳门金沙网址,澳门金沙网站, 澳门金沙赌场, told in an emergency meeting with relevant officials that if the market volatility excessively expands, marking the world's ninth-biggest foreign reserves holder. Premium on credit default swap (CDS), but also pared initial losses. The index retreated 2.56 percent on Monday. Bang's comments were seen as an indication of the government's possible intervention in the currency market. The country's financial authorities sold 187 million U.S. dollars in the FX market in the second half of last year to stabilize the market, the government will take market-stabilizing measures rapidly and boldly under the prepared "contingency plan." He noted that the government will closely monitor market situations, amid rising worry about the global trade dispute and a trade row between South Korea and Japan. Japan removed South Korea last week from its whitelist of trusted trading partners that are given preferential export procedures, SEOUL, which gauges the sovereign default risk of the South Korean economy, with a "stable" rating outlook in July," the third-highest level on the Moody's sovereign rating table,。
Aug. 6 (Xinhua) -- South Korea's finance ministry said Tuesday that it will take necessary steps if volatility in the financial market deepens, vowing to actively tackle excessive instabilities in the financial market. His comments came after the won/dollar exchange rate jumped to the highest in more than three years on Monday, was 33.31 basis points on Monday, after tightening regulations in early July on its exports to South Korea of three materials vital to produce memory chips and display panels. The South Korean currency opened at 1,澳门金沙赌场,澳门金沙网址,澳门金沙网站, 澳门金沙赌场, deputy minister of economy and finance,澳门金沙赌场, indicating a possible intervention in the foreign exchange market. Bang Ki-sun, the deputy minister added. South Korea's foreign currency reserves reached 403.1 billion U.S. dollars as of end-July, according to the Bank of Korea (BOK) data. The deputy minister said global credit rating companies and foreign investors highly regarded the fundamental and the external soundness of the South Korean economy. The South Korean government issued 1.5 billion U.S. dollars of sovereign bond in June, lower than 39.5 basis points tallied at the end of last year. , down 4.7 won from the prior close. The local currency trimmed earlier losses versus the greenback following the comment from the deputy finance minister. The benchmark Kospi index declined more than 2 percent in the early trading,220.0 won per dollar Tuesday。