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Bank of Korea vows to stabilize financial markets
December 16, 2024
|Mint Mumbai
BOK's message comes after South Korea's parliament on Saturday voted to oust Yoon from office
South Korea's central bank vowed to stabilize financial markets and highlighted the importance of "uninterrupted implementation" of key fiscal and economic measures, in its first statement since lawmakers voted to impeach President Yoon Suk Yeol.
"The Bank of Korea (BOK) intends to utilize all available policy instruments, in conjunction with the government, to respond to and avert an escalation of volatility in financial and foreign exchange markets," the central bank said on Sunday, addressing the fallout of Yoon's failed martial law decree earlier this month.
هذه القصة من طبعة December 16, 2024 من Mint Mumbai.
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