# Managing North Korea risks utmost priority for economy: South Korea deputy finance minister

> South Korea's central bank and finance ministry warned that further North Korean provocations could trigger sudden capital outflows. Exchanges between North Korea and the U.S. have grown increasingly harsh in recent weeks, unsettling foreign investors.

- Date: 2017-09-27 · published 2017-09-27T12:00:00.000Z
- Category: geopolitics · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/69203-managing-north-korea-risks-utmost-priority-for-economy-south-korea-deputy
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Capital flight that weakens the won raises the local-currency cost of dollar-priced feed grain and meal imports for Korean buyers. The effect on grain prices themselves is indirect.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/article/us-southkorea-economy/managing-north-korea-risks-utmost-priority-for-economy-south-korea-deputy-finance-minister-idUSKCN1C20CV/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.