Finance Minister Lee Hyoung-il and Bank of Korea Governor Shin Hyun-song agreed to strengthen coordination on economic, foreign-exchange and financial-market risks during Lee's first visit to the central bank after taking office. The officials said South Korea's growth was gaining momentum, supported by exports, investment and the semiconductor cycle, but noted that higher interest rates in major economies and geopolitical risks continued to weigh on household living costs. Their meeting followed a sharp rise in global and South Korean government-bond yields, which had heightened concern about inflation, funding costs and currency-market volatility. Lee called for closer communication to support price stability, growth and financial stability, while also seeking cooperation on won internationalization, digital finance, growth potential and broader distribution of growth benefits. Shin said the BOK's monetary-policy response should help restrain demand-driven inflation, support confidence, stabilize the exchange rate and ease cost pressures.