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Finance ministry not concerned of adverse impact over U.S. rate hike

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Responding to the Federal Reserve's rate hike,... South Korea's finance ministry says it will strengthen its monitoring of the nation's financial markets and come up with countermeasures over the next few days.The Vice Minister of Strategy and Finance Ko Hyoung-kwon said the hike is not expected to have an overly adverse impact on the local market as the Fed's decision had been anticipated since the beginning of the year.He said the hike didn't move Wall Street markets that much... and the greenback dipped,... lifting the value of other currencies in major countries.

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arirang tv korea korean vod youtube kpop news arirangtv song culture issue banking business commerce economics investment accounts money financial affairs money management back bankroll fund guarantee promote sponsor subsidize support underwrite bank capitalize endow float grubstake juice patronize stake go for lay on one loan shark pay for pick up the check pick up the tab prime the pump provide funds provide security put up money raise dough disapprove discourage hurt refuse reject call in take abet abide by advocate ally angel assist boost champion countenance encourage endorse favor finance give a boost give a leg up give a lift go to bat for sanction second side with stand behind stick by stick up for sustain uphold hinder oppose protest thwart halt prevent advance dissuade go forward currency bread cabbage cash coin dollars dough funds gravy greenbacks mazuma scratch defray bear the cost chip in cover cost foot the bill pick up the bill settle defrayed bore the cost covered cost financed footed the bill funded paid for picked up the bill picked up the check picked up the tab settled took social science the dismal science exhortation prayer preaching pastoral care spiritual leadership clergy clergymen clerics ecclesiastics prelacy priesthood vicarage clericals the cloth the pulpit bureau department administrative agency executive branch abbey cloister convent friary ministry monastery nunnery priory temple administration President admiral advisers board cabinet chair chairperson chargé d'affaires command commander committee consulate directors embassy executive executives feds front office general governing body headquarters legislature management officers officials powers presidency presidium stewards superintendents supervisors top brass upstairs aid advancement advice advocacy alleviation allowance assist assistance attention backing backup benefaction benefit benevolence bounty care charity comfort compensation cooperation deliverance encouragement endowment favor furtherance gift giving guidance hand handout leg up lift ministration patronage promotion reinforcement relief rescue reward salvation service shot in the arm subsidy sustenance treatment damage handicap harm hindrance hurt injury loss penalty stoppage disfavor ill will malevolence opposition silence stop taking unkindness blockage impediment obstruction bureaucracy authority beadledom city hall civil service directorate government officialdom powers that be red tape regulatory commission the Establishment the system administrators assembly assistants brain trust council counselors department heads kitchen cabinet official family channel agency agent approach avenue course instrument instrumentality instrumentation medium organ route vehicle way end no more not at all not either neither nay nix never not anxious distressed disturbed troubled uneasy uptight bothered exercised perturbed upset biting one's nails butterflies in stomach in a stew on pins and needles tied up 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