Forex News

S.Korea central bank governor says dollar/won moves in line with expectations


FILE PHOTO: A currency dealer wearing a mask works at a dealing room of a bank in Seoul, South Korea, January 6, 2021. REUTERS/Kim Hong-Ji

SEOUL (Reuters) — South Korea’s central bank governor on Friday said recent dollar/won movement was in line with his expectations, as currency market movements seem to have stabilised compared with a month earlier.

Governor Rhee Chang-yong, however, said FX volatilities were likely to continue, which the Bank of Korea would monitor, he told reporters in Seoul.

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