The Chosun Ilbo on MSN
Shinhan Bank Economist: Exchange Rate No Longer Tied to U.S. Rates
In the past, when the U.S. Federal Reserve lowered interest rates, the won’s exchange rate against the dollar would decline.
Such a policy can be operationalized by adding a quantitative clause to whatever inflation target measure or formula mandated ...
The Chosun Ilbo on MSN
Shinhan Economist: Exchange Rate Shift Driven by U.S. Stocks, Not Rates
In the past, when the U.S. Federal Reserve lowered interest rates, the won strengthened against the dollar. Now, this ...
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