(ATTN: ADDS more info, latest figures in paras 2-3, 7-9)
By Oh Seok-min
SEOUL, April 16 (Yonhap) — South Korea will take “instant and bold” measures if volatility in the financial market grows excessively amid escalating tensions in the Middle East, the finance ministry said Tuesday.
The foreign exchange authorities also made a verbal intervention against the Korean won’s sharp decline, vowing to stay vigilant.
Concerns about a wider conflict in the Middle East have grown further after Iran launched a drone and missile attack against Israel over the weekend in response to a suspected Israeli attack on Iran’s embassy in Syria.
The…
