Reported 7 months ago
In response to heightened political instability following President Yoon Suk Yeol's martial law declaration, the Bank of Korea has escalated its liquidity injections, adding 14.1 trillion won (approximately $9.8 billion) through repurchase operations last week. This move aims to stabilize the financial markets, which have seen the won weaken over 2% and bond futures decline. The BOK's commitment to 'unlimited liquidity' mirrors previous measures taken during the COVID-19 pandemic, though analysts believe the current situation is not as severe and does not pose a systemic risk.
Source: YAHOO