USD/KRW recovers to 1,266 after BOK Chief Rhee’s comments on inflation

South Korea’s new central bank governor Rhee Chang-yong said that the rate hike decision at its monetary policy meeting on Thursday was unanimous. Rhee added that the policy focus will remain on stabilizing prices for a few months. Additional quotes Slower global demand to hurt s. Korea exports. Sees upside risk to growth from increased … Read more