Bank of Korea pledges short-term liquidity boost to stabilize FX market amid political turmoil in South Korea
Wednesday, 4 December 2024 () In response to South Korea’s recent political upheaval, the Bank of Korea (BOK) announced on Wednesday its commitment to boost short-term liquidity and stabilize foreign exchange (FX) markets as necessary. The central bank’s proactive measures follow a dramatic sequence of events, including President Yoon Suk Yeol’s surprise martial law declaration and its swift reversal by […]
In an unprecedented move, South Korea's President Yoon Suk Yeol has declared martial law, marking the first time since 1980. The controversial decision, aimed at "eradicating pro-North Korean anti-state forces," has ignited fierce opposition within the country. Yoon claims this measure is necessary...
South Korean President Yoon Suk Yeol is facing calls to resign after his short-lived attempt to impose martial law was voted down by lawmakers. Yoon's actions have brought thousands of people to the..
In a dramatic escalation of tensions, North Korea has launched a devastating attack on inter-Korean infrastructure, blowing up roads and rail lines near the border. This aggressive move follows Kim..
Wednesday, 4 December 2024 ()
In response to South Korea’s recent political upheaval, the Bank of Korea (BOK) announced on Wednesday its commitment to boost short-term liquidity and stabilize foreign exchange (FX) markets as necessary. The central bank’s proactive measures follow a dramatic sequence of events, including President Yoon Suk Yeol’s surprise martial law declaration and its swift reversal by […]
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