Vice Minister Assures Financial Market will Withstand Impact of US Election

South Korean officials are doing their part to calm investors nervous after the Trump victory.

Vice Finance Minister Choi Sang-mok told reporters Thursday South Korea has ample foreign exchange reserves and solid financial fundamentals and so is resilient enough to deal with any impact the surprise election may have on markets.

He offered a reminder that Brexit also shocked the markets in the short term, but they have since recovered.

Choi said uncertainties over Korea-US trade may well lessen as Trump finds he has to convert his tough trade talk on the campaign trail into actual policy.

Source: KBS World Radio