The Bank of Korea vows to stabilize the market! A financial lifeline amid the impeachment turmoil
In a statement released after the passing of Yoon Suk-yeol's impeachment case, the Bank of Korea pledged to work hand in hand with the government to address the fluctuations in the financial market, emphasizing that it will adopt all feasible policy tools to ensure the stability of the financial and foreign exchange markets. Compared to historical presidential impeachment phases, the current external uncertainties and global competitive pressures are greater, and the Bank of Korea urges prompt action to avoid economic deterioration.
Against the backdrop of a complex global economic environment, the Bank of Korea's intervention will be key to stabilizing the market!
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