The government will take swift stability measures to curb possible volatility in the financial markets that could follow the U.S. presidential election.

First Vice Finance Minister Choi Sang-mok held a meeting with related officials Wednesday.

While cautioning that extreme volatility in either direction is not desirable, he noted that market situations are being closely monitored.

After discussing market trends, officials discussed possible scenarios and response measures while assessing the U.S. candidates and their economic policies.

Choi, at the meeting, expressed concerns that a change in the U.S. economic policies can raise uncertainties surrounding the South Korean economy, citing worries over heightened trade protectionism.