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South Korea's vice fin min says will stabilise FX market if needed (intervention threat)

South Korea's vice fin min says will stabilise FX market if needed (intervention threat)

Central Banks
Eamonn Sheridan
25/08/2022 | 23:12 GMT

Remarks from South Korea's Vice Finance Minister crossing the wires

  • is monitoring the forex market
  • plan to deploy contingency plans to stabilise the FX market if needed
  • will review risks stemming from higher interest rates

USD/KRW, hourly:

krw 26 August 2022

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