Gov't, private sector to hold regular meeting on currency market

SEOUL, Jan. 15 (Yonhap) -- The government said Friday it will start holding
regular meetings with commercial banks and businesspeople on currency and foreign
capital market conditions starting from next week.

"The government will hold a (regular) meeting with related agencies, banks and
exporters to examine currency and foreign capital market conditions in a bid to
intensify its efforts to deal with foreign currency-related risks," the Ministry
of Strategy and Finance said in a press release.
The first meeting will be held in central Seoul next Friday and they will
continue thereafter on a quarterly basis, a ministry official added.
It will be presided over by the head of the ministry's international financial
bureau, with officials from the central bank, the Financial Services Commission,
exporters, local banks and branches of foreign banks in attendance, according to
the ministry.
The meeting is designed to provide a chance for policymakers and market
participants to discuss foreign currency-related risks and, "if needed," opinions
could be reflected in government policies, the ministry noted.
kokobj@yna.co.kr
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