The government says that the South Korean economy has swiftly stabilized  after initial fluctuations following Donald Trump's unexpected victory in the U.S. presidential election. 

Officials of the Finance and Industry ministries, watchdog agencies and the central bank held a joint meeting on Friday to assess the financial market situation.

While concluding that the president-elect's conciliatory remarks helped the stock and foreign currency markets quickly stabilize, officials forecast a prolonged uncertainty as changes are expected in U.S. policies.
 
The government plans to strengthen its monitoring of the internal and external financial markets as well as the real economy and take swift measures to stabilize the market if need be. It will also review Trump's economic pledges that are most likely to be implemented and draw up response measures.