Tuesday , 7 January 2025
Home Forex Arrest of South Korean President Yoon being attempted, mkt stabilization measures promised
Forex

Arrest of South Korean President Yoon being attempted, mkt stabilization measures promised

Yonhap (South Korean media) is reporting that around 2,700 police officers are deployed to ensure that the arrest of impeached South Korean President Yoon Seok-yoel goes without incident.

Yoon’s December 3rd Emergency Martial Rule declaration has triggered the order for his arrest.

Its uncertain if Yoon’s Protection Detachment will allow authorities to serve the arrest warrant.

Meanwhile, Acting President Choi has ordered swift and bold implementation of market stabilising measures if needed.

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

China’s NDRC, PBOC, MoF to hold a briefing on Wednesday – economic matters

Officials from:the People's Bank of Chinathe National Development and Reform Commission of...

USD/JPY has hit its highest since July 2024

Not seeing much news on the yen at all, apart from what...

USD/CAD recovers some lost ground to near 1.4350 on Trump and Trudeau reports

The USD/CAD pair recovers some lost ground to around 1.4345 during the...

Australia Building Permits (YoY) declined to 3.2% in November from previous 6.1%

Australia Building Permits (YoY) declined to 3.2% in November from previous 6.1%