The Bank of Korea Holds 'Financial and Economic Situation Review Meeting' Chaired by Governor Immediately After Seollal Holiday

24-Hour International Financial Market Monitoring During Seollal Holiday Period

[Image source=Yonhap News]

[Asia Economy Reporter Eunbyeol Kim] Lee Ju-yeol, Governor of the Bank of Korea, will preside over a 'Financial and Economic Situation Review Meeting' on the morning of the 28th, immediately after the Lunar New Year holiday, the Bank of Korea announced on the 23rd.

Considering the high external uncertainties such as the novel coronavirus (Wuhan pneumonia), the Bank of Korea plans to strengthen monitoring of international financial market movements during the Lunar New Year holiday period and conduct a comprehensive review immediately after the holiday. The Bank of Korea stated, "At the meeting on the 28th, we will comprehensively review changes in the international financial markets during the holiday period and their potential impact on domestic financial and foreign exchange markets."

Additionally, during the holiday period, the foreign exchange operation center and overseas offices located in major financial hubs such as New York and London will coordinate to conduct 24-hour monitoring of international financial markets and Korea-related indicators.

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