[Wavefront Park Geun-hye] stabilize the financial markets, the uncertainty removed

The [financial newspaper goyounghun Korea News] Constitutional Court focused the attention on the 10th President Park Geun-hye wavelength while determining the wavefront unanimously have on the domestic financial market accordingly. Once the market response has shown a positive response in terms dwaetdaneun remove uncertainties in the meantime been crushed markets.

Just to point out that the presidential election is due to the political uncertainties in the national space required precautions to minimize the negative impacts that are expected to take place sooner than expected as can be expanded in the future and what volatility than the US rate hikes.

◇ After impeachment, citing KOSPI Won / dollar rate stable

Impeachment is currently quoted during 219 minutes announced a 10 pm KOSPI are trading 5.65 points (0.27 percent) higher than the previous day rose 2096.56. The KOSDAQ also currently trading at 3.56 points (0.59%) rose 609.71. The KOSPI fell open one day showed the volatility of impeachment President Park Geun-hye held Wednesday morning the final sentence of the Constitutional Court, mainly before bohapgwon. The judge came out one after the wavefront sentenced to eight consensus index ranged gangbohap direction.

Forex market has shown a steady look.

In the foreign exchange market, the won / dollar exchange rate 14:42 the day before the current closing price fell 0.2 won (won appreciation) it is trading at 1157.9 won. Yesterday, against the won / dollar rate was 2.9 won the starting right move sideways in 1161 won was sentenced before the impeachment court decisions 1159-1160 line.

I am an impeachment court sentenced start at 11 doeja won / dollar exchange rate fluctuations hit. Yijeongmi court order sentencing the verge of impeachment of 11:00 Acting Director won / dollar rate had dropped to 21 minutes 1155.4 won the 'wave to the respondent President Park Geun-hye, the acting director has got off two more climbed up the order of 1159 won.

But soon switched to fall, fall to 1154 won recorded a low of the day. This Zija down the impeachment decision is interpreted as showing the impact KRW appreciation in recognition dwaetdaneun uncertainty is resolved. Than it expected last June Breck sheet (Brexit · European Union to leave the UK) and the US presidential election results broke the referendum is handed a large uncertainty in the stock market contrasts.

However, experts are Sadd (THAAD · high-altitude missile defense system) that surrounds the negatives at home and abroad, such as layout, faster interest rate hike US rates are expected for the time being acting as financial market instability.

◇ financial authorities, a 24-hour emergency rush system

The financial authorities of the President of the Constitutional Court decision wavefront prophet down, opening the immediate emergency meeting went on market conditions, check the emergency response system. Wihaeseoda to block the advance anxiety in the financial markets.

Day imjongryong finance chairman proceeded to convene a meeting of cadres wave after President of the Constitutional Court decision. Imjongryong chairman said, "There is some concern that the crisis gotta diarrhea lively market instability is ready to respond, even if a sufficient response.

He said 'dedication to strength the financial sector crisis that the incumbent president is unprecedented impeachment is good. "

Jinungseop Financial Supervisory Service also "must guard against the possibility of impeachment sentencing, US interest rate hikes, such as the financial market volatility is to be expanded" emergency market conditions, opening the meeting and checks made to order. He stressed that "if the unrest in the financial markets so as not to spread closely monitor financial institutions and foreign currency liquidity situation, investment trends, major stock market indices, etc., and any abnormality is found, should respond immediately." Another added, "if necessary, including to encourage risk management of financial institutions through conferences, etc. CRO vary tighten the strap tension."

The financial authorities decided to start the emergency response system immediately. Through the 24-hour emergency control room running since last year, it plans to carefully check the real-time domestic and international financial market situation. One coming at 12 pm 3 through 'financial situation, check meeting "before the financial participation share recognition and, if necessary, will be bold and rapid implementation of market stabilization measures. In particular, it plans to strengthen the monitoring foreign exchange markets around the most sensitive to changes in internal and external risks.



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