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Exclusive currency authorities in South Korea wanted to cap the won dollar at 1,385, sources said. www.valuedpostings.onlineban site
Exclusive currency authorities in South Korea wanted to cap the won dollar at 1,385, sources said. SEOUL (Reuters) - South Korea's cash specialists view the 1,385 level as a boundary for the won against the dollar, two sources engaged with the strategy conversations told Reuters on Tuesday, refering to late measures to stop the money's shortcoming.
The Bank of Korea and the Service of Money were planning measures to mediate in the spot market assuming it surpassed the 1,385 level toward the finish of May, the sources said, mentioning obscurity because of the responsiveness of the matter.
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