Stock futures plummet after the exchange rate goes up...Calm down to the resolution of the request for cancellation

[Anchor]
Financial markets fluctuated during the approval of President Yoon Suk Yeol's declaration of emergency martial law and the National Assembly's resolution to lift the emergency martial law.

The won-dollar exchange rate was once close to 1,450 won, and KOSPI night futures plunged, but it calmed down somewhat when a resolution demanding the lifting of martial law was passed.

Whether the stock market will open today is yet to be determined.

I'm connecting you with a reporter from the Ministry of Economy. Reporter Lee Seung Eun!

Please pass it on.

[Reporter]
In the aftermath of Yoon Suk Yeol's president's declaration of emergency martial law, the won's price plummeted.

In the Seoul foreign exchange market, the won-dollar exchange rate was traded at 1,425 won as of 2 a.m. today (4th).

The exchange rate, which reached 1,402 won at 3:30 p.m. yesterday, rose quickly on the news of the declaration of emergency martial law, once soaring to 1,446.5 won.

It is the highest level in more than two years since October 2022, when the U.S. Federal Reserve's high-intensity tightening caused the dollar to strengthen.

Since then, the exchange rate has traded with a reduced rise as the National Assembly passed a resolution calling for the lifting of the emergency martial law.

Our stock market's night futures option index also plunged.

The KOSPI 200 night futures option index plunged more than 5% to the 314 level before falling to the low-priced buying.

Deputy Prime Minister and Minister of Strategy and Finance Choi Sang-mok held an emergency meeting on macroeconomic and financial issues late at night and said he would mobilize all possible means of stabilizing the market, including unlimited liquidity supply, to cope with market instability factors.

In addition, emergency macroeconomic and financial issues meetings will be held every day to regularize the crisis management system, and more specific additional market stabilization measures will be reviewed by each agency and announced quickly from this morning.

The emergency meeting on macroeconomic and financial issues will be held additionally at 7 a.m. this morning, and the Bank of Korea will hold an extraordinary Monetary Policy Committee in the morning.

The Korea Exchange said today that it is still undecided whether the stock market will open or not.

He added that he will closely examine the trading trends of overseas products related to our stock market and confirm whether it will operate normally around 7:30 this morning.

I'm Lee Seung-eun of YTN in the Ministry of Economy.