South Korean Won: Rate Hikes and Undervaluation Support KRW – BNY Bny’s Geoff Yu Highlights That the Bank of Korea’s
South Korean Won: Rate hikes and undervaluation support KRW – BNY BNY’s Geoff Yu highlights that the Bank of Korea’s 25bp hike to 3.00% and upgraded growth and inflation forecasts underline ongoing tightening risks. Robust exports and investment are supporting the economy,