South Korea president not too worried about external financial standing: Report

SEOUL: South Korea’s President Yoon Suk-yeol said he was not worried much in regards to the country’s external economic soundness, News1 reported on Friday (Sep 2).  

“The industry deficit widened by a great degree within August due to higher crude oil and item prices, but the saving account is expected to write-up about US$30 billion surplus”, Yoon described.

The comment came as the South Korean won hit the weakest level since April this year at 1, 357 won per buck, having fallen over 12 per cent up to now this year.