The won has firmed despite massive intervention fro the BOK to slow the rise. Recycling of part of the USD proceeds from USD/KRW buying finds its way into EUR/USD, seemingly each and every day.
Bloomberg has the details of the trade data.
The won has firmed despite massive intervention fro the BOK to slow the rise. Recycling of part of the USD proceeds from USD/KRW buying finds its way into EUR/USD, seemingly each and every day.
Bloomberg has the details of the trade data.
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