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BOK's Rhee: FX Intervention Can Calm Volatility

Key Points

Rhee Chang Yong says he was surprised that the recent market intervention appeared to be mainly by Japan and the US rather than a broader G7 effort that would typically include European countries.

Rhee Chang Yong says he was surprised that the recent market intervention appeared to be mainly by Japan and the US rather than a broader G7 effort that would typically include European countries. (Source: Bloomberg)
BOK (ORG) Rhee (PERSON) Rhee Chang Yong (PERSON) Japan (LOCATION) US (LOCATION) G7 (ORG) European (ORG) Bloomberg (PERSON)
Originally published by Bloomberg Markets Read original →