Chairman Kim Byoung Hwan of the Financial Services Commission convened a meeting with officials from related authorities and industry organizations to check market situations and discuss response measures following the lifting of martial law in the early morning hours of December 4. At the meeting, Chairman Kim asked financial authorities and industry groups to strictly adhere to their own contingency plans and work to ensure market stability and prevention of risks. Prior to this meeting, the government earlier held an Emergency Meeting on Macroeconomic and Financial Issues (F4 Meeting) and pledged to mobilize all available measures to stabilize the financial and foreign exchange markets through provision of unlimited liquidity support where needed in order to stem potential market instability amid current political turmoil.
FSC Chairman convenes meeting to monitor market situationsDec 04, 2024