Lee Ju-yeol Orders "Thorough Preparation for US Presidential Election"... Bank of Korea to Hold Situation Review Meeting on 4th

Ijuyeol, Governor of the Bank of Korea [Image source=Yonhap News]

[Asia Economy Reporter Kim Eunbyeol] With the US presidential election just one day away, Lee Ju-yeol, Governor of the Bank of Korea, has instructed employees to prepare thoroughly.

At the executive meeting on the 2nd, Governor Lee said, "Amid growing concerns about the resurgence of COVID-19 centered in Europe, volatility in domestic and international financial and foreign exchange markets may increase depending on the US election results," and instructed, "Please maintain heightened vigilance by closely monitoring market trends and promptly implement market stabilization measures if necessary."

The Bank of Korea plans to hold a 'Situation Review Meeting' at 5 p.m. on the 4th, immediately after the US election, chaired by Deputy Governor Lee Seung-heon. This meeting will review the international financial market reactions related to the US election results and the impact on the domestic economy as well as financial and foreign exchange markets.

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