Forex
globalreutersOctober 29, 20241 Mins read
Bank of Korea Governor says not short on ammunition to stabilise FX
globalreutersOctober 29, 20241 Mins read Bank of Korea Governor Rhee
- will very likely cut 2024 GDP forecast
- sees growth to be around 2.2%-2.3%
- staying cautious on FX movement
- don’t think South Korea is short of ammunition to stabilise the forex market if needed
Bank of Korea is wary of a depreciating won.
This article was written by Eamonn Sheridan at www.forexlive.com.
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