SEOUL, June 10 South Korea has no plans to
inspect banks over foreign exchange trading but is looking into
the surges in dollar/won trading near the end of the onshore
session, a foreign exchange official told Reuters on Tuesday.
"The authorities are closely watching the pattern of deals
for one direction (for the dollar/won) surging near the end of
the session," the official said. The finance ministry and
central bank are in charge of foreign exchange policies.
"We see this pattern as a serious issue but do not consider
carrying out inspection of banks regarding this," the official
said, denying a local media report.
(Reporting by Lee Shin-hyung; Writing by Choonsik Yoo; Editing
by Jacqueline Wong)