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Bloomberg Television

South Korea’s Shock Martial Law, What It means for the Economy | Big Take 😍

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I guess for now government officials are quite worried about the impact on the currency and also what this would mean for The Sovereign ratings you know there’s some concerns that this political chaos and and tumult could have a very negative impact on the credit ratings for the country you know if you’re a foreign investor who wants to buy treasury bonds from South Korea I mean you would have to worry about the political risk that is associated with the bonds and there’s a lot of economists now saying that we’re probably going to see the $1 dollar rate staying elevated for some time meaning that it’s going to stay weak for some time to come so you know not no one’s out of the woods at the moment with the economy this is the big te Asia podcast from Bloomberg News South Korea’s shock martial law what exactly transpired on the ground during those 6 hours what happens next and what it means for the country’s political and financial stability

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