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The Bank of Korea disclosed that it sold a net $187 million in foreign currency to stabilize the won in the second half of 2018. The won traded between 1,100 and 1,150 per dollar over that period.
This is the first time the central bank has published such intervention data.
This is a transparency disclosure about currency intervention with no direct effect on feed commodity supply or demand.
en.yna.co.krKim BoramMar 29, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
