BOK launches special task force to monitor financial markets during Iran crisis
Published: 01 Mar. 2026, 14:02
Updated: 01 Mar. 2026, 17:51
![People who support the U.S. and Israeli strikes on Iran rally near the White House on Feb. 28 in Washington D.C. [AP/YONHAP]](https://koreaseafood.online/data/photo/2026/03/01/22b551ea-0100-4410-8aa6-e39fa706f212.jpg)
People who support the U.S. and Israeli strikes on Iran rally near the White House on Feb. 28 in Washington D.C. [AP/YONHAP]
The Bank of Korea (BOK) has stepped up its monitoring of financial markets for any adverse impact from the joint attack by the United States and Israel on Iran, officials said Sunday.
Presiding over an emergency meeting Sunday, BOK Gov. Rhee Chang-yong discussed response plans for numerous scenarios and instructed officials to establish a 24-hour monitoring system, according to the central bank.
“We will assess market developments and stand ready to take appropriate action if needed,” a BOK official said, adding the central bank has established a special task force for that purpose.
On Saturday, the United States and Israel launched a joint attack on Iran in a large-scale military operation. U.S. President Donald Trump claimed the strike killed the Islamic republic's Supreme Leader Ayatollah Ali Khamenei.
AP
with the Korea JoongAng Daily
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