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South Korea says will act swiftly to stabilise markets if necessary

JT-40822900 - 09_12_2016 - SKOREA-POLITICS-SCANDAL-PARK-APOLOGY.jpg
South Korean lawmakers voted overwhelmingly earlier on Friday to impeach President Park Geun Hye over an influence-peddling scandal, setting the stage for her to become the country's first elected leader to be expelled from office in disgrace.

[SEOUL] South Korea's finance ministry said on Friday it would make an all out effort to stabilise the economy after parliament voted to impeach President Park Geun-hye.

"We will closely monitor financial markets and economic situation across exports, investment and job market 24 hours a day and respond in swift and decisive manner if needed," Finance Minister Yoo il-ho said in a meeting.

South Korean lawmakers voted overwhelmingly earlier on Friday to impeach President Park Geun-hye over an influence-peddling scandal, setting the stage for her to become the country's first elected leader to be expelled from office in disgrace.

REUTERS

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