SEOUL -South Korean President Yoon Suk-yeol met with the finance minister, the central bank chief and the top financial regulator on Tuesday and discussed ways to stabilise financial markets, the presidential office said.
They held a lunch meeting and discussed the latest market situation after the government announced a series of measures to ease a credit crunch in the aftermath of rising interest rates and a cooling property market. A media pool report from the presidential office cited Yoon as affirming the importance of a prompt action when needed to respond to increased economic and financial risks.
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