Japan and South Korea finance ministers concerned about sudden drop in currency value... ”Appropriate measures to be taken against excessive fluctuations”

The finance ministers of Japan and South Korea expressed concern over the excessive depreciation of their currencies and stated that they would take appropriate measures.
On the afternoon of the 25th, South Korea's Deputy Prime Minister for Economic Affairs and Minister of Strategy and Finance Choi Sang-mok held a Japan-Korea Finance Ministers' Meeting with Finance Minister Shunichi Suzuki at the Government Complex in Seoul.
The finance ministers of Japan and South Korea held a meeting in Japan in June last year and released a joint press statement containing the above-mentioned content.
In particular, the two sides shared serious concern over the "rapid depreciation of the currencies of both countries."
The two countries said they "need to be vigilant and swift in their policy response to preserve economic growth and financial stability."
"We agreed that it is important to take appropriate measures against excessive exchange rate volatility and disorderly movements," he said.