The South Korean finance minister says will swiftly respond to any excessive forex market volatilities.
I'm guessing we'll hear some sort of similar comments out of Japan today given the slump in the yen:
Earlier:
USD/JPY update:
More, this time from South Korea's central bank Governor Rhee Chang-yong:
- won's recent fall against the dollar is big
- meant that foreign exchange movement should now be back as one of the factors for policy rate consideration
