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Gov't says breakdown of N. Korea-U.S. summit has limited impact on local financial market

Arirang News 2019-03-04

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정부 "북미 회담 결렬, 금융시장 영향 일시•제한적"

The Korean government touched on the impact of the Hanoi summit on local stock markets.
At a meeting with financial authorities, the first vice minister of economy and finance said market volatility is limited and that Seoul has strong fundamentals including 4-hundred-5 billion U.S. dollars of foreign reserves and a strong current account surplus.
But citing external uncertainties like a possible no-deal Brexit and ongoing U.S.-China trade negotiations... financial authorities vowed to monitor markets closely and take necessary measures to help stabilize the market if necessary.

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