SEOUL, March 10 South Korea's central bank chief
on Friday said the bank will meet on Saturday to discuss any
market impact from the Constitutional Court's ruling removing
the president, and vowed to stabilize markets if needed.
In a statement after an urgently convened meeting, Bank of
Korea governor Lee Ju-yeol said while markets remained stable in
large after the court removed President Park Geun-hye, the bank
will need to prepare measures to deploy if needed.
Lee will convene a meeting at 10 a.m. local time on March 11
to gauge any further reaction from financial markets, according
to the statement.
South Korean shares ended at a more than one-week high on
Friday and the won also gained slightly as investment sentiment
improved after the Constitutional Court removed Park from office
over a graft scandal involving the country's conglomerates.
(Reporting by Cynthia Kim; Editing by Richard Borsuk)