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Sth Korea central bank head says will respond when won moves are too big

Sth Korea central bank head says will respond when won moves are too big

Central Banks
Eamonn Sheridan
04/01/2018 | 00:55 GMT

Reuters on comments from Bank of Korea (BOK) Governor Lee Ju-yeol

  • Stance on currency has not changed
  • Will respect market but respond when movements are too big
  • monetary policy is not decided on fx rates alone

BOK is concerned on the surging won

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