MOEF
Korea and China agreed on October 21 to extend bilateral currency swap deal by additional 5 years to October 10, 2025, and expanded its size from 64 trillion won to 7 trillion won.
MOEF
DPM Hong held virtual meeting with the Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva on October 21 to continue strengthen cooperation on COVID-19 Response.
MOEF
DPM Hong and He Lifeng, the Minister in charge of China’s National Development and Reform Commission (NDRC) attended 16th Korea-China Meeting on Economic Cooperation held virtually on October 16 to discuss ways to strengthen cooperation in service and new industry sector.
FSC
The FSC announced its decision to designate Korea Financial Telecommunications & Clearings Institute as the central registry responsible for storing and managing data on P2P financing transactions on October 21.
FSC
Vice Chairman Sohn Byungdoo presided over the 3rd consultative body meeting on digital finance on October 21 and introduced ways to further advance the open banking system.
FSC
Vice Chairman Sohn Byungdoo held the 26th financial risk assessment meeting via teleconference on October 20 to discuss the implementation status of the COVID-19 emergency financial support programs.
FSC
Vice Chairman Sohn Byungdoo held a kick-off meeting of the task force on the prevention of unlawful and unfair trading activities in stock markets on October 19. The task force will operate until the end of March 2021 and regularly report its implementation status on a monthly basis.
BOK
The Bank of Korea and the People’s Bank of China renew the Korean Won-Chinese Yuan Bilateral Currency Swap Arrangement and enlarge its size from 64 trillion KRW/360 billion RMB to 70 trillion KRW/400 billion RMB.
BOK
The Producer Price Index increased by 0.1% month-on-month in September 2020 ― in year-on-year terms it decreased by 0.4%.
National Symbols of the Republic of Korea