The Bank of Korea stated on Thursday that volatility in key domestic price indicators has recently intensified and pledged to strengthen monitoring of the impact of risk factors on local markets.

The remarks were made by Deputy Governor Yoo Sang-dai after chairing a market assessment meeting following the conclusion of the three-day Lunar New Year holiday, which ended on Wednesday.

Yoo Sang-dai said, "During the holiday period, global financial markets remained generally stable with no major incidents. However, uncertainties persist, including concerns over the monetary policy stances of major economies and fiscal expansion measures, debates surrounding the profitability of artificial intelligence (AI), and geopolitical risks."

He added, "We will continue to closely monitor the developments of risk factors and their impact on domestic financial and foreign exchange markets, while maintaining a high level of vigilance."