TechFlow news, on December 15, according to Jinshi News, the Bank of Korea issued its first statement following the passage of the impeachment motion against President Yoon Suk-yeol, vowing to stabilize financial markets and emphasizing the importance of "uninterrupted implementation" of key fiscal and economic measures. On Sunday, the central bank stated, "The Bank of Korea intends to work with the government to utilize all available policy tools to address and prevent escalating volatility in financial and foreign exchange markets." The Bank of Korea compared the current situation with previous presidential impeachment proceedings, noting that "external challenges such as heightened uncertainty in the trade environment and intensified global competition are greater." It added, "If these external factors overlap with domestic ones, their impacts could be amplified." The central bank called for intervention measures to improve the economy.
Previous report, South Korea's National Assembly passed the impeachment motion against President Yoon Suk-yeol, and the Constitutional Court will complete the impeachment trial process within 180 days.
