South Korean Finance Minister says KRW volatility is excessive compared with economic fundamentals, but adds FX is to quickly stabilise if external conditions improve, also says Samsung (005930 KS) strike could become a significant risk in the economy

The South Korean Finance Minister's remarks highlight concerns over the excessive volatility in the KRW compared to economic fundamentals, suggesting potential instability if not addressed. His comment that stabilization could occur with improved external conditions indicates a watchful approach toward global market dynamics influencing the KRW. Additionally, the mention of a Samsung strike adds a layer of domestic risk that could impact economic performance, particularly in the technology sector, suggesting traders should monitor both FX movements and broader economic developments closely.