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Korea Herald

Gov't to take 'timely' measures against market volatility: finance minister

By The Korea Herald

South Korea will closely monitor economic conditions and take "timely" measures, the finance minister said Friday, amid recent volatility in the financial markets. Finance Minister Koo Yun-cheol made the remark during a meeting with economy-related ministers in Seoul, noting South Korea's economic fundamentals nevertheless remain strong, as reflected in the latest industrial output data. Industrial production rose 2.3 percent in June from a month earlier, marking the sharpest growth since a 2.9