Lee Hyo-jin covers the Bank of Korea, the banking industry and broader financial news. Her previous beats include foreign affairs, North Korea and general reporting on Korean society.
PHOTOS Undeterred by rain, Red Devils gather to cheer for Team Korea

Undeterred by rainy weather, football fans cheer for Team Korea at Gwanghwamun Square in central Seoul, ahead of the national team's second group stage match against Ghana at the 2022 World Cup in Qatar, Monday. The fan cheering event was organized by the Red Devils, the official fan club of the team. The authorities stepped up safety measures for street events as the state weather agency predicted up to 30 millimeters of rainfall per hour nationwide accompanied by lightning that night. Yonhap
By Lee Hyo-jin
Two football fans wearing face paint depicting the national flag of Korea, left, and Ghana smile during a fan event at Gwanghwamun Square in central Seoul, Monday, as they wait for the match between the two countries to begin in Qatar. Yonhap
Football fans wearing raincoats gather inside the fan zone at Gwanghwamun Square in central Seoul, Monday, ahead of the Korean national football team's World Cup match against Ghana in Qatar. Yonhap
A football fan holding the Korean flag watches a screen set up at Gwanghwamun Square in central Seoul, Monday, ahead of the country's World Cup match against Ghana in Qatar. Yonhap
Excited football fans wearing face paint cheer for Team Korea prior to the squad's second group stage match against Ghana in Qatar, Monday. Yonhap
Football fans wearing raincoats cheer for Korea despite rainfall at Gwanghwamun Square in central Seoul, Monday, ahead of the country's World Cup match against Ghana in Qatar. Yonhap