According to PANews, after the South Korean National Assembly passed the impeachment of President Yoon Seok-yeol, the government's economic team entered the "crisis management" mode. Starting from the 15th, South Korea will hold emergency meetings every day to discuss economic issues and countermeasures.
A spokesman for South Korea's Ministry of Strategy and Finance said that Deputy Prime Minister and Minister of Strategy and Finance Choi Sang-moo will hold emergency meetings with heads of economic departments every day, and the first meeting is scheduled to be held at 3:00 p.m. local time on the 15th.
Earlier, the martial law in South Korea caused market fluctuations, stock market shocks, and the won-dollar exchange rate fell to a two-year low. Although the sovereign credit rating was not downgraded, international rating agencies warned that if the political crisis continues, the risk of economic downturn will increase.