South Korea's finance minister Kim Dong-yeon and Bank of Korea governor Lee Ju-yeol had a meeting earlier
- Says that policy coordination between central banks and government is important
- Says that FX volatility may widen with changing monetary policies abroad
The comments here are their shared view on the matters above. Pretty much a compromise meeting, though I'd be more keen to hear about what do they mean by the widening market volatility post-FOMC.
I'll post a follow-up update if I get anything more on that.
Update: Okay, they meant that the won's volatility may widen if there are changes to monetary policies elsewhere. Earlier headline from Bloomberg provided little clarity.
