South Korean regulatory agencies: ready to take preemptive measures to stabilize the market.

Lee Eog-weon, chairman of the Financial Services Commission of South Korea, said in a television interview on Sunday that if necessary, South Korea is ready to take preemptive measures to stabilize the financial markets. Lee points out that the market is currently alert to rising bond yields and exchange rate fluctuations, but he emphasizes that there are no major issues with the stability and crisis response capability of South Korea's financial system. Last Friday, in response to concerns about inflation caused by the continued depreciation of the South Korean won, the South Korean central bank announced temporary measures aimed at increasing the supply of US dollars in the domestic foreign exchange market.