South Korean authorities vows to keep markets stable after Yoon impeachment

Central bank says it is prepared to respond in conjunction with government

20241215 South Korea Currency File photo

Currency dealers work at a dealing room of a bank in Seoul as an electronic board shows the exchange rate on Dec. 9. © Reuters

SEOUL (Reuters) -- South Korea's finance ministry vowed on Sunday to continue to swiftly deploy market stabilizing measures as needed to support the economy after President Yoon Suk Yeol was impeached over his brief imposition of martial law.

The ministry said it will actively communicate with the parliament to keep the economy stable, adding that it plans to announce its biannual policy plan before the end of this year.

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