South Korea says will respond to excess volatility with stabilizing measures

South Korean finance ministry:

• recent market volatility is a bit excessive
• will respond with market stabilising measures

Financial markets in South Korea have been tumultuous after last week's coup/cancelled coup.

Monday's developments:

• South Korea's benchmark equity index has fallen to its lowest since late April 2020

• South Korea to announce measures to improve FX liquidity by end of year

• South Korean Finance Minister vows bold and swift measures to address financial mkt swings

Bank of Korea is the central bank of South Korea.