Head of Economic and Finance (F4) "Promoting major policies such as market advancement in a speedy manner"

Deputy Prime Minister for Economy Choi Sang-mok, Bank of Korea Governor Lee Chang-yong, Financial Services Commission Chairman Kim Byung-hwan and Senior Vice Chairman of the Financial Supervisory Service held the 10th emergency meeting on macroeconomic and financial issues since the martial law crisis at the Federation of Banks Hall today to identify financial market trends and discuss countermeasures.

Participants assessed that the stock market has largely reversed its fall due to market stabilization measures and continued buying by institutional investors, and that the foreign exchange market is gradually reducing its fluctuations.

Participants decided to speed up major policies such as value-up, incorporation of the global government bond index, and advancement of capital and foreign exchange markets while continuing 24-hour monitoring of financial and foreign exchange markets.

It also said it will continue its efforts to maintain external credibility by holding a briefing session on the Korean economy, appointing ambassadors for international finance and international investment cooperation, operating the pan-governmental foreign investor ombudsman TF, and strengthening foreign investment incentives.