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S. Korea's financial market volatility may increase: BOK chief

2018-11-02 1 Dailymotion

South Korea's central bank chief says the country might face increased financial market volatility... due to uncertainties at home and abroad.<br />Speaking at a financial council meeting on Friday, Bank of Korea Governor Lee Ju-yeol said volatility in the financial market may increase in the future... and vowed to closely monitor external situations.<br />He mentioned the recent activity on the local KOSPI index... which showed a positive turnaround this week... after falling by almost 14-percent in October-- its largest on-month decline since 2008.<br />The governor stressed the fall was totally different from past financial jitters... because interest rate and currency fluctuations were limited. <br />

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