Financial institution of Korea Governor Rhee
- will very seemingly lower 2024 GDP forecast
- sees development to be round 2.2%-2.3%
- staying cautious on FX motion
- do not assume South Korea is wanting ammunition to stabilise the foreign exchange market if wanted
Financial institution of Korea is cautious of a depreciating received.
This text was written by Eamonn Sheridan at www.forexlive.com.