South Korean Finance Minister Choo Kyung-ho said that the country will continue its efforts to stabilize financial markets, Yonhap reported on Thursday.
According to the report, he pointed out global economic uncertainty, which includes interest rates, and worries over real estate financing.
At a meeting with heads of financial authorities, Choo emphasized that "the Bank of Korea plans to stay vigilant, managing risks in vulnerable areas to prevent the growth of market volatilities at the year's end and the beginning of 2024."
