Bank of Korea to Hold Emergency Meeting After Yoon’s Martial Law
Traffic passes the Bank of Korea headquarters in Seoul, South Korea.
Photographer: Seokyong Lee/BloombergThis article is for subscribers only.
The Bank of Korea’s monetary policy board said it will hold an extraordinary meeting Wednesday morning to discuss steps to shield the economy and markets after President Yoon Suk Yeol’s martial law declaration.
Separately, the finance minister, BOK governor and other financial regulators will meet again at 7 a.m. in Seoul on Wednesday after vowing to provide “unlimited liquidity” to stabilize markets following their discussion late Tuesday after Yoon’s announcement of military rule.