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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessBoK Board Member States USD/KRW Unlikely To Return To Pre-Pandemic Level
BoK Board member Suh Youn-kyung has stated that USD/KRW is unlikely to experience a significant decline to pre-pandemic levels due to a number of factors: deterioration in the trade balance, aging population and growing offshore investments.
- Suh noted that the trade surplus will not be as structurally positive given increased competition with China, as well as the aging population.
- Further expansion in offshore investment (both portfolio and direct) will keep demand for USDs higher.
- The increase FDI is expected to see dividend inflows rise though. Suh also noted Korea is not at risk from sudden capital outflows.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.