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The Japanese Yen and South Korean won have been falling sharply lower in 2022. The won has weakened more than 8% this year, following an 8.6% drop in
[See the full post at: South Korea Won Weakness Accelerates To 13 Year Low Against U.S. Dollar]
Great background on the won – thank you
Bank of Korea Senior Deputy Governor Lee said that inflation needs to be tamed through pre-emptive policy and that rate hikes will only have a limited impact on growth.
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