The Bank of Korea warns of escalating market volatility and promises to strengthen monitoring of risk factors.

The Bank of Korea said on Thursday that the volatility of domestic key price indicators has intensified recently, and vowed to strengthen monitoring of risk factors affecting the domestic market. Yoo Sang-dai, the vice governor of the Bank of Korea, made the remarks after ending a three-day Lunar New Year holiday and chairing a market assessment meeting. Yoo Sang-dai stated, "During the holiday period, the global financial markets overall remained stable with no major events. However, uncertainties still exist, including concerns about the monetary policy stance and fiscal expansion measures of major economies, debates on the profitability of artificial intelligence, and geopolitical risks." He added, "We will continue to closely monitor the development of risk factors and their impact on the domestic financial and foreign exchange markets, and remain highly vigilant."