BOK’s Rhee Warns of ‘Misaligned’ Won, Vows to Guard FX Stability
Market Intelligence Analysis
AI-PoweredBank of Korea Governor Rhee Chang Yong has warned that the recent won weakness is not reflective of the country's economic strength, and has vowed to protect FX stability, opposing any US investment decisions that may threaten it.
Market impact analysis based on bullish sentiment with 80% confidence.
Article Context
Bank of Korea Governor Rhee Chang Yong said the recent won weakness doesn’t reflect the real strength of the country’s economy, and he vowed to oppose any US investment decisions that could threaten the foreign-exchange market’s stability.
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