Economic and Financial Authorities Hold Meeting at Bank of Korea to Review Domestic Financial Market Issues

Heads of economic and financial authorities gathered at the Bank of Korea on the 1st to hold a meeting on macroeconomic and financial issues.

On the 1st, at the Bank of Korea headquarters in Jung-gu, Seoul, (from left) Choi Sang-mok, Chief Economic Secretary to the President, Lee Chang-yong, Governor of the Bank of Korea, Choo Kyung-ho, Deputy Prime Minister for Economy, Kim Ju-hyun, Chairman of the Financial Services Commission, and Lee Bok-hyun, Governor of the Financial Supervisory Service, held a meeting and took a commemorative photo. (Photo by Ministry of Economy and Finance)

According to the Ministry of Economy and Finance on the 2nd, participants including Deputy Prime Minister and Minister of Economy and Finance Choo Kyung-ho, Bank of Korea Governor Lee Chang-yong, Financial Services Commission Chairman Kim Joo-hyun, Financial Supervisory Service Governor Lee Bok-hyun, and Presidential Office Senior Secretary for Economic Affairs Choi Sang-mok held a meeting at the Bank of Korea headquarters in Jung-gu, Seoul, to assess the recent domestic financial market situation and discuss response measures.

They also reviewed the major risk factors in the global financial market for the second half of the year.

This meeting was held at the headquarters, which was remodeled and reoccupied in April at the request of the Bank of Korea. Considering that meetings between government and Bank of Korea heads are usually held at the neutral Bankers Hall, this was an unusual occurrence.

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