The Bank of Korea is concerned about the very weak won. Its not as if the won has been singled out, though, the rampant US dollar strength has been weighing on a lot of FX.
Even the PBOC is sweating its currency:
Anyway, back to the BoK and the won. Bank of Korea Governor Rhee Chang-yong:
- will closely monitor the Federal Reserve's policy decisions and its impact on financial markets.
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USD/KRW update:
