Topic

Bank of Korea monetary policy

Governor Hyun Song Shin on rate-gap independence, the Korean-style dot plot, and anchoring the FX market.

Current clusters

invest1 distinct publisher

IIF pins the won's July break from the yen on Samsung and SK hynix fab spending

A currency that fell for years partly because the yen fell is now rising while the yen weakens, and the IIF's explanation rests on export dollars coming home to build fabs, a flow that has not fully arrived.

Publishers:en.sedaily.com

Reality

Evidence34
Adoption30
Hype gap+36
Incentives61

invest1 distinct publisher

Bank of Korea's governor: won at 13-month high, sees room for further decline

Hyun Song Shin says he sees room for the won-dollar rate to fall further. He also sizes Korea's up-to-$20bn-a-year US investment pledge at 4.7 per cent of $427bn in reserves, a comparison meant to show that the flow is one the country can absorb.

Publishers:en.sedaily.com

Reality

Evidence44
Adoption38