Authorities "All financial markets, including stock markets, operate normally today"

The government said today that all financial and foreign exchange markets, including the stock market, will operate normally.

Deputy Prime Minister for Economy Choi Sang-mok made the announcement at a meeting on macroeconomic and financial issues today.

As a result, our stock market opens at 9 a.m. as before.

Deputy Prime Minister Choi Sang-mok said, "We decided to operate all financial and foreign exchange markets, including the stock market, as the foreign exchange market and the Korean main plant market gradually stabilized due to the lifting of martial law."

The won-dollar exchange rate, which soared immediately after the emergency decree was declared, has reduced its gains, and foreign currency procurement by local banks is also being refinanceed smoothly, the ministry added.

Deputy Prime Minister Choi said, "For the time being, we have decided to supply unlimited liquidity until the stock, bond, short-term fund and foreign currency fund markets are fully normalized," and stressed, "We plan to operate a joint real-time monitoring system to closely monitor the financial market situation and take all measures to stabilize the market if necessary."