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South Korea vows unlimited liquidity after political turmoil; BOK meets

  • South Korea's finance ministry announced it will provide "unlimited" liquidity to financial markets after President Yoon Suk Yeol lifted a martial law declaration.
  • Emergency meetings were held by Finance Minister Choi Sang-mok and Bank of Korea Governor Rhee Chang-yong before an extraordinary meeting was scheduled.
  • The Bank of Korea raised interest rates again to tackle consumer inflation, projecting prices will rise to their highest since 2008.
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  • 46% of the sources are Center
46% Center
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