(Reuters) - "We are concerned" about the rise in the South Korean
currency against the yen, Lee Sung-il, senior deputy governor
of the Bank of Korea told Reuters on the sidelines of a
conference. "As you know, the yen/won rate is decided by
arbitrage of the yen/dollar rate so we don't have a choice."
Asked if the central bank would take action to restrain the
won's rise, he said: "No."
Read more at Reuters.com Bonds News
currency against the yen, Lee Sung-il, senior deputy governor
of the Bank of Korea told Reuters on the sidelines of a
conference. "As you know, the yen/won rate is decided by
arbitrage of the yen/dollar rate so we don't have a choice."
Asked if the central bank would take action to restrain the
won's rise, he said: "No."
Read more at Reuters.com Bonds News
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