BoK Dep Gov says closely monitoring FX markets, says that volatility is likely to increase

The Bank of Korea is concerned about the rapid drop in the won. Its not alone, of course, broad US dollar strength is a worry for central bankers across the globe. As their currencies drop, local CPI is boosted, at the margin.

USD/KRW, back off its highs at least:

usdkrw daily 13 September 2022

Dily candles.

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