Home BOK’s Lee: May ramp up bond buying if needed – Reuters

BOK’s Lee: May ramp up bond buying if needed – Reuters

Published date: 14 Oct. 2020 | 05:17

Comments from Bank of Korea’s Governor Lee Ju-yeol are crossing the wires via Reuters that the central bank may boost bond purchases if required and intervene in forex markets to curb the potential rise in exchange rate volatility.

Key quotes

Don’t have plans to expand the KRW 5 trillion bond-buying program for now, but may do more, if required.

Volatility may grow in the FX market.

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