Headquarters of the Bank of Korea in Seoul / Yonhap
Volatility in major domestic price variables has increased recently, the central bank said Thursday, vowing enhanced monitoring of the impact of risk factors on the domestic market.
Bank of Korea (BOK) Deputy Gov. Yoo Sang-dai made the remarks while presiding over a market assessment meeting following the three-day Lunar New Year holiday through Wednesday.
"During the holiday period, global financial markets remained relatively stable without major events. But uncertainties persist, including concerns over major economies' monetary policy stances and fiscal expansion, debates over the profitability of artificial intelligence (AI) and geopolitical risks," Yoo said.
"We will continue to closely monitor developments in risk factors and their impact on the domestic financial and foreign exchange markets with heightened vigilance," he added.
Source: Korea Times News
