💱US Dollar/Korean Won FX Spot Rate
USDKRW
▼ NegativeMonetaryrelevance
BoK hike to 3.00% supports KRW, weakening USD/KRW.
Brown Brothers Harriman's Elias Haddad expects the Bank of Thailand to hold rates at 1.00%, leaving negative real yields that keep the Thai Baht lagging. The Bank of Korea is seen hiking again to 3.00%, supporting the South Korean Won as growth and inflation exceed targets.
BoK hike to 3.00% supports KRW, weakening USD/KRW.
BoT hold at 1.00% with negative real yields weakens THB, strengthening USD/THB.