“Uncertainties in international financial markets may increase due to global inflation conditions and monetary policy normalization talks in key nations,” South Korean Vice Finance Minister Lee Eog-won said in a statement on Tuesday.
“As part of the COVID-19 replies, (the ministry) will evaluate normalizing some of the foreign exchange restrictions that have been eased, including the FX derivatives laws,” Lee noted.
These remarks come as the country’s foreign exchange liquidity situation has improved.
On the aforesaid statements, USD/KRW maintains its range around 1,131, reversing an advance from daily highs of 1,133.01 reached in early Asia./n
