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S. Korea discloses its FX intervention records for first time

2019-03-29 3 Dailymotion

외환시장 개입내역 오늘 첫 공개<br /><br />For the first time, South Korea has released the records of its interventions in the foreign exchange market as part of efforts to improve transparency.<br />The Bank of Korea put the data on its website just minutes ago at four p.m. local time.<br />Visitors can look up the net amount of U.S. dollars bought and sold by Korea's currency authorities in the second half of last year.<br />The central bank will release the data on the first half of 2019 in September.<br />The U.S. and the IMF's have continuously demanded that Korea to release its currency market records on a regular basis to commit to a flexible exchange rate.<br />Last October, the U.S. Treasury's semiannual report kept South Korea on its monitoring list.

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