The aftermath of the domestic financial market continues..."Fear of deteriorating foreign credibility"

Financial authorities said, "The fluctuations in the domestic stock market are not at a level of concern."
" Ready to operate a stock market stabilization fund worth 10 trillion won immediately."
"A bond market stabilization fund worth 40 trillion won will be fully operated."
The Bank of Korea said, "Expanding short-term liquidity supply…Purchase RP from today"

[Anchor]
In the aftermath of the emergency martial law, the aftermath of the financial market remains.

In the KOSPI market today, foreigners are selling more than 400 billion won, leading the decline, and there are voices that a decline in external credibility is inevitable.

I'm connecting with a reporter to find out. Reporter Hwang Bo Hye-kyung!

How is the won-dollar exchange rate and the stock market now?

[Reporter]
Even in the afternoon, the won-dollar exchange rate is moving around 1,415 won.

It showed extreme volatility by immediately surpassing 1,440 won last night, but the shock seems to have been somewhat resolved.

However, the anxiety that has hit the domestic financial market has not gone away.

Today, the KOSPI started lower at 2,450.76 and the KOSDAQ index started lower at 677.59 with 1.91% lower.

Currently, the KOSPI is down around 2,450 and the KOSDAQ is down around 2%.

In the KOSPI market, foreigners are selling more than 480 billion won, leading the decline, and currently falling more than 2%, breaking the 2,450 level.

Experts were concerned that political instability could hamper our economy and financial markets until at least the second quarter of next year.

Let's listen to it for ourselves.

[Seo Jung-hoon / Senior Researcher at Hana Bank: Foreigners are more likely to leave their funds in the mid-term to the downside, and there is a possibility that the won's value will fall and the KOSPI will continue to decline further....]

[Anchor]
The financial authorities are also holding a series of meetings and coming up with measures,

What's in it?

[Reporter]
Financial authorities believe the fluctuations in the domestic stock market are not at a level of concern.

However, while wary of further expanding volatility, it plans to supply unlimited liquidity until the financial market is normalized.

Kim Byung-hwan, chairman of the Financial Services Commission, said he will allow the stock market stabilization fund worth 10 trillion won to operate immediately at any time.

In addition, it added that it will make maximum use of 40 trillion won bond market stabilization funds, corporate bonds, and CP purchase programs.

BOK has started buying repurchase bonds, RP to provide short-term funds to the market.

Deputy Prime Minister for Economic Affairs Choi Sang-mok emphasized that the TF will be operated 24 hours a day and exports will not be disrupted.

However, there are concerns among foreign investors that Korea's unique political risks could lead to a sharp drop in confidence in the domestic financial economy.

So far, I'm YTN Hwang Bo Hye-kyung at Hana Bank's foreign exchange transaction site.