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Ex-BOK Governor Says No Need to Panic Over Short-Term Won Moves

South Koreans needn’t worry too much about short-term volatility in the won, as the economy has undergone structural changes that make the currency more resilient than in the past, former.

Key Highlights

  • South Koreans needn’t worry too much about short-term volatility in the won, as the economy has undergone structural changes that make the currency more resilient than in the past, former Bank of Korea Governor Rhee…
  • South Koreans needn’t worry too much about short-term volatility in the won, as the economy has undergone structural changes that make the currency more resilient than in the past, former Bank of Korea Governor Rhee Chang Yong said.
  • Desk angle: we track rates, inflation, and bank balance sheets against this headline. Always read the original for filings and quotes.
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Reported by Stephen Engle and Soo-Hyang Choi · Syndicated via official news feed

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