SEOUL (Reuters) - South Korea's President Yoon Suk-yeol said he was not worried much about the country's external financial soundness, News1 reported on Friday.
"The trade deficit widened by a great degree in August due to high crude oil and commodity prices, but the current account is expected to post about $30 billion surplus," Yoon explained.
The comment came as the South Korean won hit the weakest level since April 2009 at 1,357.2 per dollar, having fallen more than 12% so far this year.
(Reporting by Soo-hyang Choi and Jihoon Lee; Editing by Shri Navaratnam and Himani Sarkar)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 78.67 USD | +0.10% | -5.57% | - | ||
| 908.7 KRW | -0.20% | -0.21% | - | ||
| 74.28 USD | +0.01% | -6.06% | - | ||
| 998.5 KRW | -0.13% | -0.52% | - | ||
| 16.38 KRW | -0.24% | -0.63% | - | ||
| 1,367 KRW | -0.16% | -0.47% | - | ||
| 407.8 PTS | -0.01% | -4.22% | - | ||
