(Reuters) - "We are concerned," about the rise in the Korean currency
against the yen, Lee Sung-il, senior deputy governor of the
Bank of Korea told Reuters on the sidelines of a conference.
"As you know, the yen/won rate is decided by arbitrage so we
don't have a choice."
Asked if the central bank would take action to restrain the
won's rise, he said: "No."
Read more at Reuters.com Bonds News
against the yen, Lee Sung-il, senior deputy governor of the
Bank of Korea told Reuters on the sidelines of a conference.
"As you know, the yen/won rate is decided by arbitrage so we
don't have a choice."
Asked if the central bank would take action to restrain the
won's rise, he said: "No."
Read more at Reuters.com Bonds News
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