Choi Acting President: "Growing External Financial and Foreign Exchange Uncertainties... Close Cooperation Among Related Agencies"
Choi Sang-mok, Acting President and Deputy Prime Minister as well as Minister of Economy and Finance, evaluated on the 14th that "recent financial and foreign exchange markets are facing significant external uncertainties due to the US imposing tariffs and retaliatory measures by other countries, as well as growing concerns over the US economic slowdown."
On the same day, Acting President Choi presided over the 'Macroeconomic and Financial Issues Meeting' (F4 Meeting) at the Government Seoul Office and urged close responses to financial volatility. The meeting was attended by Lee Chang-yong, Governor of the Bank of Korea, Kim Byung-hwan, Chairman of the Financial Services Commission, and Lee Bok-hyun, Governor of the Financial Supervisory Service.
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Acting President Choi emphasized, "Next week, major countries' monetary policy decisions are scheduled, including the US Federal Reserve's Federal Open Market Committee (FOMC) and the Bank of Japan (BOJ) Monetary Policy Meeting," adding, "Under close cooperation among related agencies, a 24-hour monitoring system of global economic and financial market trends must be maintained."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
