Bank of Korea Monitors Aftermath of Iran Airstrikes... 24-Hour Monitoring [US Iran Airstrikes]

Formation of Task Force for Response as Needed

The Bank of Korea is closely monitoring the financial market impact of the airstrikes by the United States and Israel on Iran and is preparing to respond accordingly.

Lee Chang-yong, Governor of the Bank of Korea, is holding a press conference at the Bank of Korea in Jung-gu, Seoul, on January 15. Photo by Yonhap News

According to the Bank of Korea on March 1, Governor Lee Changyong presided over an emergency situation assessment meeting the previous evening, where he discussed response plans for various future scenarios and instructed the establishment of a 24-hour monitoring system.

In response, the Bank of Korea has formed a "Middle East Crisis Situation Assessment Task Force (TF)" to monitor market conditions and plans to take action if necessary.

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