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Bank of Korea may have bought around $300-500 mln to curb won’s strength Monday – Dealers

By   || August 2, 2010 at 06:50 GMT
|| 2 comments || Add comment

Guess we can expect the Bank of Korea to turn up on the bid in EUR/USD at some early juncture.

EUR/USD whizzing around all over the shop.  Yer right.  Presently at 1.3073.

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2 Responses to “Bank of Korea may have bought around $300-500 mln to curb won’s strength Monday – Dealers”

  1. N on August 2nd, 2010 06:58 GMT

    why is it expected they would convert to euros and not some other currency?

  2. Gerry Davies on August 2nd, 2010 07:05 GMT

    they might well convert partly into some other currency

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