S.Korea and Japan officialsramp up warnings on Won and Yen weakness

Japan and South Korea's finance ministers have reportedly confirmed on Tuesday that measures can be taken against sudden fluctuations in currency exchange rates.
South Korea discussed concerns about its currency with Japan after the won and yen slumped to multi-year lows this week amid a surge in the dollar that’s reverberating through global markets. South Korea's finance ministry said the two ministers "agreed to further strengthen bilateral cooperation between Korea and Japan for the economic development of both countries."