The South Korean presidential office will discuss foreign exchange issues with exporters.
The Korea Economic Daily cited an anonymous source from the presidential office as saying that the chief of the policy office at the presidential office, Kim Yong-fan, will hold an emergency meeting with seven major companies on Thursday to discuss foreign exchange related issues. These companies include Samsung Electronics, SK, Hyundai Motor, LG, Lotte, KB Financial Group, and Hyundai Group. It is expected that the presidential office will discuss measures with exporters to encourage them to convert their holdings of US dollars into Korean won.
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