South Korean Finance Minister Choi Sang-mok conveyed messages to calm the financial market shock through the F4 (Finance4) meeting for two consecutive days, regarding the declaration and lifting of the emergency martial law. On the 5th, Bank of Korea Governor Lee Chang-yong, Financial Services Commission Chairman Kim Byung-hwan, and Financial Supervisory Service Governor Lee Book-hyun attended the F4 meeting. South Korean financial authorities had previously stated that meetings will be held daily. Participants reaffirmed their position, stating: "We will closely monitor the conditions of the financial and forex markets and take all necessary measures swiftly to stabilize the market if needed." Choi Sang-mok emphasized that in addition to the securities market stabilization fund, which is the largest at 10 trillion won, a 40 trillion won bond market stabilization fund, as well as plans for purchasing corporate bonds and commercial paper (CP) will also be initiated. Meanwhile, the planning and finance ministry stated: "Market participants do not have excessive anxiety and it is necessary to respond calmly and rationally."
- Latest
- Detail
韩国金融当局重申:必要时将迅速采取一切措施稳定市场
South Korea's financial authorities reaffirmed that all necessary measures will be taken swiftly to stabilize the market when needed.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
Risk Disclaimer
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
Got it
Risk Disclaimer
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
Got it
Write a comment
0 0 0
LikeLoveLaughing CryRespectEmmSadAngry
Tap to Select a Mood
- 分享到weixin
- 分享到qq
- 分享到facebook
- 分享到twitter
- 分享到微博
- 粘贴板
Use the share button in your browser
to share the page with your friends
Tap here to share
No comments yet. Write one.
Latest
17:33
HuiZhou Intelligence Technology Group: Received the final judgment of the Xiangyun small loan case.
HuiZhou Intelligence Technology Group-4.36%
17:33
International Air Transport Association (IATA): The second Trump administration may reverse some actions of the Biden administration, which is seen as positive.
17:32
The International Air Transport Association (IATA) predicts that in 2025, global airlines are expected to make a profit of 36.6 billion dollars.
Statement
This page is machine-translated. Futubull tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation.