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

Started by forex4you, Mar 13, 2023, 08:29 am

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

<p>Bank of Korea:</p><ul><li>
Will take market stabilising measures if necessary</li><li>Closely monitoring
interest rates, stock prices, foreign exchange rates, capital flows</li></ul><p>South Korean finance minister:</p><ul><li>
Will step up monitoring of financial markets</li><li>Will respond in
timely manner if necessary</li></ul><p>KRW higher, the US dollar is lower pretty much everywhere on the easing of risk panic:</p><p>ICYMI:</p><p class="article-slot__title title top"><a href="https://www.forexlive.com/centralbank/and-done-federal-reserve-announces-emergency-lending-facility-20230312/" rel="follow" target="_self" class="article-link">Federal Reserve announces emergency lending facility. Deposits to be guaranteed</a></p>

                This article was written by Eamonn Sheridan at www.forexlive.com.

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

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