BoK Tightening Supports Korean Won Against Dollar

Commerzbank··KR·Read original
2▲1 ▼1Impact / 5
Summary · why it matters

Commerzbank's Charlie Lay reports that the Bank of Korea delivered a second consecutive 25 basis point rate hike to 3.0% and maintained a tightening bias, which is supporting the Korean won after its sharp appreciation since June.

Impact on assets 3

Others▲ · 2 stocks
Others▼ · 1 stocks