韩国将注入额外资金以稳定市场

2024-12-04 11:31

South Korea stock index opened lower after President Yoon imposed martial law and then later revoked it with hours.
Kospi (KOSPI) is off the day's low and is down 1.8% to 2,455 and Kospaq is down 2.2%.
The U.S. Dollar (USD:KRW) is trading flat against the South Korean currency, which touched a two-year low on the martial law declaration.
“As announced together with the government, we will provide sufficient liquidity for a limited time until the financial and foreign exchange markets stabilize,” the Bank of Korea said, reiterating a pledge made earlier in the day by South Korea Finance Minister Choi Sang-mok.
Finance Minister Choi Sang-mok and Bank of Korea Governor Rhee Chang-yong held emergency meetings overnight, and ahead of the BOK's extraordinary meeting session abruptly scheduled for 9 a.m. local time on Wednesday.
"All financial, FX markets as well as stock markets will operate normally," the government said in a statement. "We will inject unlimited liquidity into stocks, bonds, short-term money market as well as forex market for the time being until they are fully normalised."
The country's financial regulator is ready to deploy 10 trillion won ($7.07 billion) in a stock market stabilisation fund any time, the Yonhap news agency said.

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