# S. Korean FinMin Hong: To deploy all available policy measures to boost domestic investment, KRW rebounds — Octa

> Finance Minister Hong Nam-ki said the government will deploy all available policy measures to boost domestic investment and counter coronavirus risks. The won rebounded from three-day lows to 1,182.62 per dollar after no new cases were reported for a third consecutive day.

- Date: 2020-02-14 · published 2020-02-14T12:00:00.000Z
- Category: policy · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/54827-s-korean-finmin-hong-to-deploy-all-available-policy-measures-to-boost-domestic
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Policy stimulus and a firmer won modestly ease fears of a deep Korean slowdown, which slightly supports regional feed and commodity demand.

## Read by commodity

- USDKRW: bearish ▼

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/796862/

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