Government's Commitment to Market Stability

In a decisive move to address potential financial and foreign exchange market instability, South Korea's acting President Choi Sang-mok has announced the government's readiness to implement swift and bold measures. This announcement came during a crucial economic meeting that saw the participation of key financial leaders, including the governor of the Bank of Korea and heads of major financial regulatory bodies.

24-Hour Monitoring and Response

Choi emphasized the importance of maintaining a 24-hour emergency monitoring and response system across all financial institutions. This proactive approach aims to swiftly identify and address any signs of market volatility, ensuring the stability of South Korea's financial landscape.

Decisive Actions Ahead

Should the market exhibit increased volatility, the government is prepared to take decisive actions to stabilize the situation. This commitment underscores the administration's dedication to safeguarding the nation's economic interests and maintaining investor confidence in the face of uncertainties.