BoK: Past monetary policy change in Japan had only limited impact on the Won

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BoK: Past monetary policy change in Japan had only limited impact on the Won SouthKorea USDKRW CentralBanks Currencies

“Private consumption in 2023 likely to be weaker than expected.”“Domestic CP market recovery to become more pronounced going forward.”At the time of writing, USD/KRW is trading modestly flat at around 1,232, having slipped from higher levels near 1,235.

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