Regulatory Easing
Imagem gerada por IA
Financial authorities intensify FX monitoring and ease bank rules amid ongoing won decline
Reportado por IA Imagem gerada por IA
Following the December 15 warnings, South Korea's financial authorities on December 18 intensified monitoring of the volatile FX market and announced eased regulations for banks, as the won hit 1,479.80 per dollar—the lowest since April.