Hello, our reader.
I assume many of you were surprised at the rocket launch by North Korea yesterday. Even though the launch was the scheduled one, it happened earlier than expected.
The FSC Vice Chairman Choo Kyung-ho held an emergency meeting between FSC and FSS yesterday, after North Korea had launched its long-range rocket. The meeting was to discuss the effects of the launch on Korea’s financial market and measures ahead for market stability.
As yesterday’s launch was the expected one, Korea’s financial market did not fluctuate a lot. It remains stable, and experts anticipate that the rocket launch will have little impact on Korea’s financial market.
There will be continuous monitoring by the FSC and FSS, and contingency measures will be executed if needed.
Our blog post and SNS will keep updating you on this matter!
* Official Press Release is now available in English