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Bank of Korea's Rhee Warns Martial Law Impacts Economic Growth

Bank of Korea's Rhee Warns Martial Law Impacts Economic Growth
5 months ago

The ongoing turmoil and potential martial law in South Korea are projected to significantly hamper the nation's economic development, according to insights from Rhee Chang-yong, the governor of the Bank of Korea. As the country grapples with political unrest, Rhee emphasized the detrimental effects on consumer confidence and business investment, forecasting a challenging economic environment ahead.

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