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South Korean central bank eyeing jump in the won says will stabilize markets if necessary

South Korean central bank eyeing jump in the won says will stabilize markets if necessary

Bank of Korea:

  • Will take market stabilising measures if necessary
  • Closely monitoring interest rates, stock prices, foreign exchange rates, capital flows

South Korean finance minister:

  • Will step up monitoring of financial markets
  • Will respond in timely manner if necessary

KRW higher, the US dollar is lower pretty much everywhere on the easing of risk panic:

ICYMI:

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Posted: Mar 13 2023, 00:36
Author Name: forexlive
Views: 082137

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