South Korea: The Stock Exchange Opens

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South Korea: The Stock Exchange Opens
Photo: Lee Jin-man/AP/TT

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The South Korean stock exchange will open as usual, at 9 am local time, on Wednesday morning. This announcement is made by a spokesperson for the Ministry of Finance, writes the Korean news agency Yonhap.

The decision was made at an emergency meeting between Finance Minister Choi Sang-Mok and senior officials. The meeting took place after President Yoon Suk-Yeol had first declared a state of emergency but then withdrew it.

The financial market will also function as usual, according to the department, and the government is ready to provide the necessary liquidity without restrictions.

The country's central bank is holding an extraordinary meeting at the same time as the markets open.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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