Deputy Prime Minister for Economy Choi Sang-mok will hold a press conference at the Sejong Government Complex this morning (23rd).
The government will reveal its position on how to manage unstable financial and foreign exchange markets.
It is also expected to express its opinion on measures to revitalize the frozen domestic economy and stabilize people's livelihoods.
■ Economic Ministers' Meeting and Related Ministers' Meeting to Strengthen Industrial Competitiveness, 3:30 p.m., Government Complex Seoul
This afternoon, the Government Complex Seoul will hold a meeting of ministers of vigilance and related ministers to strengthen industrial competitiveness.
Government support measures will be announced to increase the competitiveness of the petrochemical industry, which is struggling with China's low-cost offensive.
■ BOK publishes Q4 regional economic report
What is the situation of the local economy in the fourth quarter of the
martial law and impeachment?
The fourth-quarter regional economic report will be released today based on the monitoring results of 16 regional headquarters of the Bank of Korea.
There was a slight improvement in the third quarter compared to the second quarter, but it is noteworthy what changes will have occurred in the fourth quarter.
■ The KRW-USD exchange rate that pierced KRW 1,450...What is the opening status of the financial market?
Last week, the won-dollar exchange rate topped 1,450 won for the first time since the 2008 global financial crisis, continuing a two-day high.
We closed the transaction at 1,450 won early Saturday morning.
Let's take a look at the stock, exchange rate, and the opening situation YTN this week.
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Economy
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- Banking sector, "Small business owners will lower their interest burden by KRW 600-700 billion"
- Head of Economic and Finance (F4), "Efforts to produce tangible results for value businesses"
- December 1st-20th Exports 40.3 Billion Dollars...6.8% year-on-year ↑