Arab Today, arab today s korea\s currency market appears to be \overreacting\
Last Updated : GMT 21:26:48
Arab Today, arab today
Arab Today, arab today

S. Korea\'s currency market appears to be \'overreacting\'

Arab Today, arab today

Arab Today, arab today S. Korea\'s currency market appears to be \'overreacting\'

Seoul - Yonhap

South Korea\'s currency market appears to be \"overreacting\" in recent days, a senior finance ministry official said Tuesday, hinting at a possible intervention to ease the won\'s steep decline. \"Given the won\'s recent movements, the market seems to be overreacting,\" Choi Jong-ku, a deputy finance minister, told Yonhap. \"I think that there will be a correction.\" His remarks come as the nation\'s local currency has been tumbling in recent trading amid growing jitters over the debt crisis in Greece and other European countries.

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