Bank of Korea:

  • Will take market stabilising measures if necessary
  • Closely monitoring interest rates, stock prices, foreign exchange rates, capital flows

South Korean finance minister:

  • Will step up monitoring of financial markets
  • Will respond in timely manner if necessary

KRW higher, the US dollar is lower pretty much everywhere on the easing of risk panic:

usdkrw 13 March 2023


Federal Reserve announces emergency lending facility. Deposits to be guaranteed