BOK: Better to stabilize prices quickly for growth in long-run SouthKorea CentralBanks USDKRW
Short-term growth loss is inevitable in responding to high inflation.Will stabilize fx markets if excessive herd-like behaviors seen in dollar-won trading.The South Korean won met fresh demand on the above comments, knocking down USD/KRW to $1,380 from near-daily highs of $1,384.31. The pair is adding 0.43% on the day, as of writing.
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