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South Korea is watching forex market volatility closely - vice finance minister

Reuters

SEOUL (Reuters) - South Korea's vice finance minister said on Monday the government is watching foreign exchange market volatility closely as it has been increasing.

Choi Sang-mok made the comments to reporters on the sidelines of a meeting in Seoul after he was asked his thoughts on the currency's recent movements.

The won <KRW=> and other emerging market currencies have been more volatile since the upset victory of Donald Trump in the U.S. Nov. 8 presidential election. It was trading down half a percent per dollar as of 0220 GMT on Monday.

(Reporting by Shin-hyung Lee and Christine Kim; Editing by Kim Coghill)

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