FX Authorities Warn Stern Action against Excessive Volatility, One-Way Market Movements

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FX Authorities Warn Stern Action against Excessive Volatility, One-Way Market Movements

[Economy] : South Korea’s financial authorities have vowed to sternly respond to excessive volatility and one-sided movements in the foreign exchange market. The Bank of Korea and the Ministry of Finance and Economy announced Monday morning that in addition to supply and demand dynamics, certain speculative foreign ... [more...]

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