Business
BOK’s Rhee Sees ‘Misaligned’ Won, Vows to Guard FX Stability
SOURCE:Bloomberg|BY:Soo-Hyang Choi
Bank of Korea Governor Rhee Chang Yong said the recent won weakness doesn’t reflect the real strength of the country’s economy, and he vowed to oppose any US investment decisions that could threaten the stability of the foreign-exchange market.
Bank of Korea Governor Rhee Chang Yong said the recent won weakness doesn’t reflect the real strength of the country’s economy, and he vowed to oppose any US investment decisions that could threaten the foreign-exchange market’s stability.