South Korean central bank’s, the Bank of Korea (BOK), Senior Deputy Governor Yoon Myun-shik was on the wires earlier this Monday, noting that the China-US trade truce was broadly in line with market expectations and would not change the Bank of Korea’s views on the domestic economy.
Key Quotes (via Reuters):
“This is positive for the short-term but uncertainty is high for the medium- to long-term.”
“I don’t think the situation has changed much since the governor presented his views in his speech.”
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