Phone talks between the SK fin min and US Treas Sec Mnuchin

  • Over fx policy

The US will release its latest currency manipulator report this month some time (its a twcie yearly report) and SK will be a wee bit concerned on this.

Yeah, here we are, a little more from the conversation:

  • South Korean Finance minister reiterates South Korea is not an FX manipulator
  • Bit there is no change in the SK stance to act when herd behaviour is seen in the forex market
  • Says SK does not meet conditions to be designated a currency manipulator

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What we a herd of anyway????

A herd of bulls? A herd of bears? Suggestions welcome (keep it clean would be nice : D )