South Korea’s top economic policymaker is set to issue another warning aimed at calming currency markets.

Finance Minister Koo Yun-cheol, deputy prime minister and finance minister, will hold a press briefing on Wednesday to address the surging dollar-won exchange rate and outline the government’s latest stabilization steps.

The announcement comes as the won continues to hover in the one-thousand-470s, prompting authorities to intensify intervention efforts.

On Monday, the finance ministry, the Bank of Korea, the health ministry, and the National Pension Service convened a four-way consultative body to review the pension fund’s overseas investment practices and their impact on foreign exchange supply and demand.

Last week, authorities also met with major brokerages to request that dollar-conversion orders from retail investors be spread out during trading hours to ease pressure at market open.