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(LEAD) Finance minister pledges all available market stability measures following Yoon's impeachment

All News 14:48 April 04, 2025

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SEOUL, April 4 (Yonhap) -- Finance Minister Choi Sang-mok said Friday that the government will continue to closely monitor the market situation following the Constitutional Court's ruling to impeach President Yoon Suk Yeol, pledging to take all available market stabilization measures if necessary.

Choi made the remarks during an emergency meeting with key economic officials, including the heads of the Bank of Korea, the Financial Services Commission and the Financial Supervisory Service, according to the Ministry of Economy and Finance.

Following the meeting, Choi was set to preside over a separate session with senior officials from the finance ministry to assess the situation in the financial and foreign exchange markets, the ministry added.

In a unanimous verdict, the Constitutional Court removed Yoon from office over his shocking declaration of martial law on Dec. 3, a move that triggered political turmoil and dealt a significant blow to the economy.

Finance Minister Choi Sang-mok (2nd from L) is at an emergency meeting with key economic officials in Seoul on April 4, 2025, including the heads of the Bank of Korea, the Financial Services Commission and the Financial Supervisory Service. (Yonhap)

Finance Minister Choi Sang-mok (2nd from L) is at an emergency meeting with key economic officials in Seoul on April 4, 2025, including the heads of the Bank of Korea, the Financial Services Commission and the Financial Supervisory Service. (Yonhap)

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