Asia FX verbal intervention comments - not on the yen! (South Korea)The South Korean finance minister says will swiftly respond to any excessive forex market volatilities.
I'm guessing we'll hear some sort of similar comments out of Japan today given the slump in the yen:
Earlier:
USD/JPY update:
More, this time from South Korea's central bank
Governor Rhee Chang-yong:
- won's recent fall against the dollar is
big - meant that foreign exchange movement should now be back
as one of the factors for policy rate consideration
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: Asia FX verbal intervention comments - not on the yen! (South Korea) (https://www.forexlive.com/news/asia-fx-verbal-intervention-comments-not-on-the-yen-south-korea-20241027/)
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