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Stabilizing foreign exchange market is important: BOK Governor
9 Views • Aug 06, 2019
Description
Amid fluctuating market reactions on the trade rows... the nation's central banker highligted that stabilizing the foreign exchange market is very important,... and vowed to closely coordinate with the government to do so.
Lee Ju-yeol made the remarks after the U.S. designated China a currency manipulator.
He pointed out, maintaining enough foreign reserves is one way to bring that stability.
Also today, a senior official at the Ministry of Economy and Finance said the government will make timely response to market uncertainties.
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