BoK says KRW weakness is sharper than other major currencies, will continue making market stabilising efforts, inflation seen exceeding target with demand-side pressure growing gradually
Newsquawk Staff ·
BoK says KRW weakness is sharper than other major currencies, will continue making market stabilising efforts, inflation seen exceeding target with demand-side pressure growing gradually.
- CBR Governor Nabiullina says we need longer period of tight monetary policy
- Indonesia's central bank official says rupiah movement still manageable following MSCI announcement last week and says we will respond if needed to ensure supply and demand in the FX market
- Monetary Authority of Singapore, Malaysia Central Bank and Bank of Thailand are partnering on cross-border digital money settlement
- BoK says today's rate decision was unanimous, while the timing and pace of further rate hikes will depend on inflation, economic conditions and financial stability.
- NBH says committed to achieving the inflation target in a sustainable manner
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