The South Korean Finance Minister Kim Dong-yeon was on the wires earlier today, reiterating that his government will keep a close eye on the fx markets, in light of the US-China trade escalation.
Key Headlines:
Monitoring if herd behaviors are seen in forex market.
Will respond to any herd behaviors in currency market.
FX market volatilities are increasing.
US – China trade dispute, sluggish exports some factors behind Won’s weakening.
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