A member of the Central Bank of South Korea said he is not worried about forex liquidity

According to the report from Yonhap News Agency on Tuesday, Lee Soo-hyung, a member of the Bank of Korea’s Monetary Policy Committee, said that she is not concerned about the USD liquidity in the USD/KRW market. Lee Soo-hyung said, ‘It is not appropriate to evaluate the exchange rate level, but as for the liquidity of the forex market, I am not too worried.’ The exchange rate of KRW to USD has fallen nearly 8% this year, and the last time it reached the psychological level of 1400 was in mid-April.

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