Arab Today, arab today finance minister dismisses financial market jitters as \groundless\
Last Updated : GMT 14:03:14
Arab Today, arab today
Arab Today, arab today

Finance minister dismisses financial market jitters as \'groundless\'

Arab Today, arab today

Arab Today, arab today Finance minister dismisses financial market jitters as \'groundless\'

Seoul - Yonhap

South Korea\'s finance minister Tuesday dismissed anxiety over the overall financial market conditions as \"groundless,\" placing emphasis on the country\'s relatively strong fiscal and economic fundamentals. \"Major lessons that we have learned from financial crises in the past were that we should neither trust our economy too much nor feel complacent about it,\" Finance Minister Hyun Oh-seok told a meeting with other economy-related policymakers. \"But we should also know that any groundless anxiety is not desirable either.\" He said that unlike other emerging countries, South Korea maintains its current account and fiscal status in surplus and that major foreign investment banks and media are paying attention to its robust economic and financial fundamentals. As for concerns raised by some foreign media, which cited South Korea as one of the countries where the so-called \"cheap dollar\" has flowed into excessively, Hyun said, \"It is not the case.\" \"South Korea is one of the countries whose debt structures have improved the most since the quantitative easing polices that were put in place by major economies,\" he said. \"In the case of our bond market, the overall investment base is also stable given the low ratio of foreign investment and high proportion of money invested by central banks,\" he added. Hyun said that the government is closely monitoring the possible impact that the external risks could have on its financial market and economic conditions. It is also stepping up information-sharing and reviewing existing contingency plans to better cope with any unexpected developments.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today finance minister dismisses financial market jitters as \groundless\ Arab Today, arab today finance minister dismisses financial market jitters as \groundless\

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Merna Waleed praises her work with Soad Hosni

GMT 07:03 2017 Wednesday ,22 March

Merna Waleed praises her work with Soad Hosni
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 07:12 2017 Tuesday ,21 March

Donia Abdel Aziz participates in "Game of Silence"

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 07:03 2017 Thursday ,23 March

Spider Venom May Offer Hope to Stroke Victims

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday