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South Korea regulator says Park's ouster won't impact market stability
March 10, 2017 / 3:09 AM / 6 months ago

South Korea regulator says Park's ouster won't impact market stability

SEOUL (Reuters) - South Korea’s top financial regulator said on Friday President Park Geun-hye’s ouster from office would not have an impact on the stability of the financial markets, the Yonhap News Agency reported.

“We have completed preparations enough to respond,” Yonhap cited Yim Jong-yong, chairman of the Financial Service Commission, as saying.

The Bank of Korea said separately its governor would hold an emergency meeting at 3 p.m. (0600 GMT) on a Constitutional Court ruling to remove Park from office earlier on Friday.

Reporting by Ju-min Park and Cynthia Kim; Editing by Robert Birsel

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