Bank of Korea may have bought dollars near KRW 1,164 – Dealers
Well if they did, we can expect them to turn up on the bid in EUR/USD at some early juncture.
Well if they did, we can expect them to turn up on the bid in EUR/USD at some early juncture.
5 Responses to “Bank of Korea may have bought dollars near KRW 1,164 – Dealers”
Good day Gerry,
why they would likely show up on the bid in EURUSD?
Thanks
They diversify out of the USD according to their preferred ‘basket’ ratios.
How rude of me to forget… Good morning Gerry
Dowjones reports that they have bought at least $500M.
cheers Iman