# S. Korea FinMin: Global inflation, monetary policy normalization talks may increase fx market uncertainties — Octa

> South Korean Vice Finance Minister Lee Eog-won said uncertainty in international financial markets may rise due to global inflation and monetary policy normalization in major economies. The ministry will review normalizing some foreign exchange rules loosened during the pandemic, including FX derivatives rules. USD/KRW held near 1,131 after the comments as FX liquidity improved.

- Date: 2021-07-06 · published 2021-07-06T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/46315-s-korea-finmin-global-inflation-monetary-policy-normalization-talks-may
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Policy tightening of FX rules and global rate normalization add volatility to the won, which affects the cost of dollar-priced grain and meal imports for Korean buyers, though the immediate move was small.

## Read by commodity

- USDKRW: neutral

## Sources

- octabroker.com: https://www.octabroker.com/markets/news/view/911104/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.